Yolanda and zachary decided to restructure their small bookstore as a limited partnership, called "y to z's books, lp." under their new arrangement, yolanda contributed a new infusion of $300; she was named the general partner. zachary contributed $300 also, and he was named the limited partner: yolanda was to manage the store on monday, wednesday, and friday, and zachary to manage it on tuesday, thursday, and saturday. y to z books, lp failed to pay $800 owing to vendor. moreover, within a few weeks, y to z's books became insolvent. who is liable for the damages to vendor?

what result would be obtained in exercise 1 if yolanda and zachary had formed a limited liability company?

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars