Lambert Invests $20,000 for a 1/3 Interest in a Partnership

question 108

Multiple Choice

Lambert invests $20,000 for a 1/3 interest in a partnership in which the other partners have capital totaling $34,000 before admitting Lambert. After distribution of the bonus, what is Lambert's capital?

• A) $18,000
• B) $20,000
• C) $6,667
• D) $11,333

---

Definitions:

Meaningful Activity

Engagements or tasks that have personal significance or add value to an individual's life.

Violence in the Prison

refers to acts of physical aggression and harm occurring within a prison environment, affecting inmates and sometimes staff.

Inexperienced Prison Guards

Correctional officers who lack the necessary training or experience to effectively manage inmates and prison situations.

Excessive Violence

The use of force that goes beyond what is necessary or justified under the circumstances, often criticized in contexts such as law enforcement, military engagements, or interpersonal disputes.