The date-of-death value is used on the inventory even if weeks, months, or years have since passed since the decedent passed away
a. True
b. False
a
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The advantages of forming a limited liability company include
a. Double taxation b. The ability to raise capital on a national securities exchange c. Limited liability for members d. All of the above
A party cannot refuse to respond to a request for admission .
A. becauseit lacks the information needed to make theresponse B. because the requesting party can obtain the information in another way C. becausethe request is made with the service of the summons and complaint D. all of the above
Generally, people who are mentally ill are not held to the reasonable person standard.
Answer the following statement true (T) or false (F)
Bret has retained Duff as his real estate broker for the sale of his home. Their listing contract calls for Duff to receive a commission of $5,000.00 on the sale of the house regardless of the final selling price. Ford and Duff have most likely entered into:
A. Open listing arrangement B. Flat fee listing C. Net listing D. Contingency listing