Engineering Economics
In case of bankruptcy of a partnership,

The partners are not liable for the liabilities of the partnership
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
The partners personal assets are attached to the debt of the partnership
The partners nay sell stock to generate additional capital

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Engineering Economics
A construction estimate is used

To decide an approximation of the value of the project and not the exact cost
None of these
To judge tentatively or approximate value of the project
To produce a statement of the approximate cost

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