A bank may notcharge a postdated check against a customer's account unless the customer notifies the bank, in a timely manner, to pay the check before the stated date

Indicate whether the statement is true or false


F

Business

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In order to obtain limited liability, Tom and Doris formed an LLC to operate their catering business. They sometimes deposited the proceeds from catering jobs into their personal checking accounts and if they needed to pay personal bills and were short

of funds, they used the business account. If creditors of the business cannot get payment for their invoices, is there anything a court can do to help the creditors?

Business

Using the regression formula with a slope = 1,000 and an intercept = 25,000, what would the predicted income be for someone who has 20 years of education?

a.$40,000 b.$42,000 c.$45,000 d.$47,000

Business

Form 6251, Alternative Minimum Tax, must be filed in any of the following situations except

A) the taxpayer has general business tax credits that are limited by the tentative minimum tax. B) the AMT base exceeds the exemption amounts and an individual has AMT adjustments or tax preference items. C) the tentative minimum tax exceeds the regular tax. D) the earned income tax credit exceeds the tentative minimum tax.

Business

The ________ approach is a leadership perspective that attempts to identify what effective leaders do and places less importance on personality characteristics.

A) behavioral B) trait C) transformational D) strategic E) authentic

Business