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6
What is a defense to committing mail fraud?
-
Being the CFO of a company
-
Pre-meditation
-
Good faith
-
Forfeiture of interest
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- 2. A business without proper business plan will be one geared towards Jailure. 3. Outline the FIVE steps in process for the registration of an Early Childhood Institution with the Early Childhood Commission.Under federal law, a tax exempt Health Savings Account can only be opened for an individual who is Ο Α. covered by a qualified High Deductible Health Plan covered by Long Term Care Insurance entitled to Medicare benefits eligible to be claimed as a dependent on another person's tax return B. OC. O D.Imprudential, Inc., has an unfunded pension liabilityof $630 million that must be paid in 20 years. To assess the value of the firm’s stock,financial analysts want to discount this liability back to the present. If the relevantdiscount rate is 7.1 percent, what is the present value of this liability?
- SLO-2.3. Which of the following is an advantage of a sole proprietorship? OThe owner has unlimited liability OThe business ceases to exist when the owner dies OThere is a limit to the amount one person can borrow OProfits are taxed as individual incomeJeremy is considering a corporate recapitalization as a gifting technique and has come to his financial planner for more information. Which of the following statements regarding corporate recapitalization are CORRECT? The stock is recapitalized and divided into nonvoting preferred stock and voting common stock. Jeremy retains control of the corporation through the voting rights associated with his preferred stock. Recapitalization can be used in any corporation. The gift of stock given to the junior family members may qualify for valuation discounts. A) II, III, and IV B) I and III C) II and IV D) I and II1. What are the general characteristics of bailments? 1a. List and describe the elements of a bailment. 1b. Describe the various types of bailments and provide an example of each.
- 1. Under what broad risks would you put these risk factors? Economic Distress Mismanagement Technological Causes Working Capital Problems Fraudulent Management39. each person insured under a group life insurance is a a. shareholder b. beneficiary c. certificate holder d. policyownerJosue is part of a business entity in which the parties are protected against personal liability for business debts.What type of business entity is this? Is it able to be registered as a brokerage? It is an LLC. It may NOT be registered as a brokerage It is an LLC. It may be registered as a brokerage. It is a corporation. It may be registered as a brokerage. It is a corporation. It may NOT be registered as a brokerage
- Josue is part of a business entity in which the parties are protected against personal liability for business debts. What type of business entity is this? Is it able to be registered as a brokerage? It is an LLC. It may be registered as a brokerage. It is an LLC. It may NOT be registered as a brokerage. It is a corporation. It may be registered as a brokerage. It is a corporation. It may NOT be registered as a brokerage.P&G PHI M LIFE An AIA Group Company MERALCO SAN MIGUEL CORPORATION Assessment Wite true if the statement is correct and write false if not Al crporaters are subsribers but subsuribers need not be an incorporator 2. The Corporate Treasurer of a corporation must be a director. Death of shareholder will not dissalve the corporation 4 A corporation can come into existence by mere agreement of the parties as in the case of partnerships S Acorporation is created by agreement of the sharehalders. The paid-up capital of a Plippine corporation must not be less than Php S00.00. 7Any Individual shareholden in a corporation may personally be held lable for all debts Inuered by the corporation L Al incerporators are corporators of a corporation. S A corporatlen has continulty of existence which permits the business to continue epardiess of changes in ownership or the death of shareholders 10 Acorportatien or a partnership can be a Incorporator but not a corporator. 11. Corparate Secretary must be a…Which of the following would be included in probate? POD Account Totten Trust. Retirement Plan with a listed beneficiary Life Insurance Policy that names the Owner as the Beneficiary.