A c corporation Study guides, Class notes & Summaries
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MRL3701 EXAM PACK 2024
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
SUMMARISED NOTES 
S - The study-notes marketplace 
MRL 3701 
OCTOBER/NOVEMBER 2018 
QUESTION 1 
a) Inability to pay debts is, at most merely evidence of insolvency. (page 3) 
b) Brenda’s application for voluntary surrender must be set out the causes of her 
insolvency in some detail to enable the court to determine whether the 
application is ......................... 
c) Christopher commits an act of insolvency by depar...
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M-100 Community Association Management 2023/ 2024 Exam| Questions and Verified Answers with Rationales| Grade A+
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M-100 Community Association Management 2023/ 2024 Exam| Questions and Verified Answers with Rationales| Grade A+ 
 
Q: Each of the following are key characteristics of community associations 
EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the ...
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AINS 103 Questions & Answers 2023 100% PASS
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Danforth Grocery Store specializes in fresh produce and is open 24 hours year-round. The store has 
contracts with suppliers to deliver produce and foods by 5am daily, so the parking area at the rear of the 
store is congested from 4:30am to 5:30am. Customer traffic is heaviest from 7am to 9am, and again 
from 3pm to 6pm. The store has had six slip and fall claims from customers in the past year. Danforth 
Grocery Store is most exposed to which one of the following types of liability loss? 
...
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Aceable Agent: Real Estate Principles: Actual Exam Questions And Correct Answers | Latest Update
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Aceable Agent: Real Estate 
Principles: Actual Exam Questions 
And Correct Answers | Latest 
Update 
The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code - ANSWER B. Business and 
Professions Code 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development. 
d. the legislature. - ANSWER B. the governor ...
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ENT 2113 Final Exam Study Guide | 100% Correct | Verified | 2024 Version
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A business can obtain liability insurance, which helps protect the business against lawsuit 
judgments. - True 
Bonding is a type of insurance in which the business is covered in case the workers 
cause any damage in the performance of their work. - True 
In a Subchapter C Corporation, it is possible to have a double taxation situation. - True 
The insurance coverage obtained by a small business is directly proportional to the cost. 
As the coverage increases, the cost also increases. - True 
If...
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ETS MFT BUSINESS EXAM | Answered Correctly! Summer 2022-23.
- Exam (elaborations) • 37 pages • 2023
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ETS MFT BUSINESS EXAM 
 
The principal difference between variable costing and absorption costing centers on: 
 
a) whether variable manufacturing costs should be included as product costs 
 
b) whether fixed manufacturing costs should be included as product costs 
 
c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs 
 
d) none of these. 
 
General Bikes is debating which marketing research options to employ. The traditional p...
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TFM08 Questions And Answers 2023| Complete Solutions Graded A+
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TFM08 Questions And Answers 2023| Complete Solutions Graded A+ 
Fire Protection Sprinkler System an assembly of underground or overhead piping or 
conduits that conveys water with or without other agents to dispersal openings or 
devices to: (A) extinguish, control, or contain fire; and (B) provide protection from 
exposure to fire or the products of 
Fire protection sprinkler system contractor an individual or organization that offers to 
undertake, represents itself as being able to undertake,...
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Aceable Agent: Real Estate Principles exam 2023 with 100% correct answers
- Exam (elaborations) • 66 pages • 2023
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The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code - correct answer -B. Business and Professions Code 
 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development. 
d. the legislature. - correct answer -B. the governor 
 
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the bro...
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BSM1501 Assignment 6 Semester 2 2023
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BSM1501 Assignment 6 Semester 2 2023 
 
Question 1 
Not yet answered 
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Question text 
What must a small business manager be able to do? 
a. 
Plan, organise, lead and control various business functions. 
b. 
Start his/her own enterprise. 
c. 
Take calculated risks. 
d. 
Identify new products or opportunities. 
Question 2 
Not yet answered 
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Question text 
What is the main advantage of a formal business? 
a. 
Not having to keep fi...
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NASCLA Business Law and Managment EXAM SC questions with correct answers
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Sole Proprietorship CORRECT ANSWER a business owned and managed by a single individual 
Simplest form to set up 
unlimited Liability 
 
Partnerships CORRECT ANSWER Business organizations in which two or more persons share responsibilities, costs, profits, and losses. 
 
C Corporations CORRECT ANSWER Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation 
 
S corporation C...