The only legal remedy for _______ is to bring a lawsuit against a borrower to try to recover the money loaned.

A. secured creditors
B. a government agency
C. unsecured creditors
D. a mortgagor


Answer: C

Business

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City, Inc., an exempt organization, has included among other amounts the following in calculating net unrelated business income of $500,000.  Dividend income$12,000 Interest income6,000 Royalty income15,000 Rent income from equipment25,000 The only expenses incurred associated with these items are rental expenses (which includes depreciation of $10,000) of $15,000. Calculate City, Inc.’s UBTI.

What will be an ideal response?

Business

What is the problem with this sentence? "We can give him a small raise, he deserves it."

A) Comma splice B) Sentence fragment C) Dangling modifier D) Nothing

Business

The classification of a liability as current or long-term is important because it may affect the evaluation of a company's liquidity

Indicate whether the statement is true or false

Business

A proposal must only provide information; it need not motivate your audience to act

Indicate whether the statement is true or false.

Business