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NEW QUESTION: 1
Fil and Breed are 50% partners in F&B Cars, a used-car dealership. F&B maintains an average used-car
inventory worth $150,000. On January 5, National Bank obtained a $30,000 judgement against Fil and
Fil's child on a loan that Fil had cosigned and on which Fil's child had defaulted. National sued F&B to be
allowed to attach $30,000 worth of cars as part of Fil's interest in F&B's inventory. Will National prevail in
its suit?
A. Yes, because Fil's interest in the partnership inventory is an asset owned by Fil.
B. Yes, because National had a valid judgement against Fil.
C. No, because attachment of the cars would dissolve the partnership by operation of law.
D. No, because the judgement was not against the partnership.
Answer: D
Explanation:
Choice "a" is correct. A partner has no right to possess partnership property except for partnership
purposes. Thus, a personal creditor of a partner has no right to attach items of partnership property to
satisfy a partner's personal debt. Choice "b" is incorrect. There is no such rule. If the partnership were
liable for the individual partner's debt, the cars could be attached and the partnership would not be
dissolved. Choice "c" is incorrect. A partner has no right to possess partnership property except for
partnership purposes. Thus, a personal creditor of a partner has no right to attach items of partnership
property to satisfy a partner's personal debt. Choice "d" is incorrect. A partner has no right to possess
partnership property except for partnership purposes. Thus, a personal creditor of a partner has no right to
attach items of partnership property to satisfy a partner's personal debt.
NEW QUESTION: 2
What did SAP develop to provide customers with implementation experience (guided implementation accelerated by tools, templates, and predefined content, clear guidance through each implementation phase, and an agile project management approach) for SAP S/4HANA Cloud?
A. SAP BusinessObjects Project Systems Rapid Mart
B. SAP Leonardo
C. SAP Activate
D. Accelerated SAP (ASAP)
Answer: C
NEW QUESTION: 3
A company wants to ensure that all credentials for various systems are saved within a central database so that users only have to login once for access to all systems. Which of the following would accomplish this?
A. Single Sign-On
B. Multi-factor authentication
C. Smart card access
D. Same Sign-On
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Single sign-on means that once a user (or other subject) is authenticated into a realm, re-authentication is not required for access to resources on any realm entity. Single sign-on is able to internally translate and store credentials for the various mechanisms, from the credential used for original authentication.
NEW QUESTION: 4
Your company has a Microsoft 365 subscription.
Your plan to add 100 newly hired temporary users to the subscription next week.
You create the user accounts for the new users.
You need to assign licenses to the new users.
Which command should you run?
A. Option B
B. Option D
C. Option A
D. Option C
Answer: A