Two corporations are considered to be brother-sister corporations for purposes of the Sec. 304 redemption rules if one shareholder owns more than 50% of each corporation.
Answer the following statement true (T) or false (F)
True
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Mark goes to Tony's Lumber Yard to buy some lumber to build a new roof for his cabin. Mark tells Tony, the lumber yard owner, to provide him an exact type of wood that can resist the wood decay caused due to the damp environment around the cabin
Mark buys the lumber after Tony assures him that the wood is exactly what Mark is looking for. But then the dampness affects the wood and it caves in. Which of the following warranties has Tony explicitly breached by not providing Mark the lumber he needed? A) express warranty B) statement of opinion C) implied warranty of fitness for human consumption D) implied warranty of fitness for a particular purpose
External users of accounting information make the strategic and operating decisions of a company.
Answer the following statement true (T) or false (F)
The number of periods in a future value calculation may only be expressed in years.
Answer the following statement true (T) or false (F)
How do machines learn?
A. By listening for a wake word B. By listening to the surroundings C. By humans teaching them things D. With repetition of the same facts E. Through experience