Also referred to as life span, life-space model. Self-concept, as well as career maturity, influences one's career throughout the life span. His life rainbow helps clients conceptualize their roles as a child, student, leisurite, citizen, worker, spouse, homemaker, parent, and pensioner. Super initially didn't believe he created a theory, but felt his work might be the basis for segments of future theories. finance A partnership involves an association between two or more persons to carry on a business as co-owners for profit. The statement of facts are followed by numbered sentences that state legal conclusions relating to those facts. Determine whether each legal conclusion is correct or not and mark it with the letter (Y) for yes, correct, or (N) for no, not correct.
Adams, Webster, and Coke were partners in a construction business. Coke decided to retire and found Black, who agreed to purchase his interest. Black was willing to pay Coke $20,000 and promised to assume Coke's share of all firm obligations.
**Required** (Use **Y** for yes and **N** for no)
**1.** Unless the partners agree to admit Black as a partner, she could not become a member of the firm.
**2.** The retirement of Coke would cause a dissolution of the firm.
**3.** The firm's creditors are third-party beneficiaries of Black's promise to Coke.
**4.** If Black purchased Coke's interest and promised to pay his share of the firm's debts, Coke would be released from all liability for those debts.
**5.** If the other partners refused to accept Black as a partner, Coke could retire, thereby causing a dissolution. 13th Edition•ISBN: 9780135225691 (1 more)Michael R Solomon 2nd Edition•ISBN: 9781464113079David G Myers 6th Edition•ISBN: 9780357041178Spencer A. Rathus 10th Edition•ISBN: 9780134641287Elliot Aronson, Robin M. Akert, Timothy D. Wilson