Samuel and Darci Are Partners

question 39

Multiple Choice

Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and that of Darci is $60,000. Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is

• A) $0
• B) $18,000
• C) $8,000
• D) $10,000

Understand the philosophical foundations and schools of legal thought.

Grasp the concept of cyberlaw and its domain.

Recognize the significance of damages in law.

Understand the doctrine of stare decisis and its influence on American jurisprudence.

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Definitions:

Equal Opportunity

The principle that all people should be treated similarly, without unreasonable discrimination or preference in areas like employment.

Cognitive Dissonance

A psychological phenomenon where an individual experiences discomfort from holding two or more conflicting beliefs, ideas, or values.

External Locus Of Control

This occurs in people who feel they have no control over the events in their lives.

Content Conflict

Disagreement or dispute that arises over specific issues, facts, or matters at hand in a discussion or negotiation.