Under financial responsibility laws, proof of financial responsibility is generally required under which of the following circumstances?
A) The use of an auto by any driver with fewer than 3 years of driving experience
B) When an individual renews his or her driver's license
C) Failure to pay a final judgment resulting from an auto accident
D) The accumulation of unpaid parking tickets exceeding a specified value
Answer: C
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Which of the following is a characteristic of managerial decisions that contributes to the difficulty in making a decision?
A. conflict B. speed C. certainty D. guaranteed success E. structure
An agreement not to marry during minority is invalid
Indicate whether the statement is true or false
Which of the following is a psychological bias that can act as a barrier to good decision making?
A. groupthink B. dialectic C. cognitive conflict D. affective conflict E. framing effects
In 2019, Dargo Inc., a calendar year corporation, accrued a $75,000 year-end bonus payable to its communications director. Dargo and the director are not related parties. Dargo paid the bonus to the director on February 8, 2020. Dargo can deduct the bonus in 2019.
Answer the following statement true (T) or false (F)