Limited liability companies have been popular since the late 1800s
a. True
b. False
Indicate whether the statement is true or false
False
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Japan is Coach's second largest market, representing about 20% of global sales. All of the following statements are true regarding the market for Coach's products compared to that in America except:
A) Japanese consumers are enormously brand-centric. B) Japanese consumers are not as brand loyal as American consumers. C) American women tend to carry two or three brands while their Japanese counterparts tend to carry as many as five. D) The company's $500 handbags are especially popular with young women. E) Coach has to work on improving its brand image in Japan.
Dollar value bias is the bias one sees from comparing number in relative (dollars) rather than absolute (percentage) terms
Indicate whether the statement is true or false
If in 1900 the Minnesota Supreme Court ruled that a minor can void a contract at any time during minority and, in 2014, the courts in Minnesota still follow this ruling, this is an example of A)stare decisis
B)the bystander rule. C)statutory law. D)enabling legislation.
In December of this year, Jake and Stockard, a married couple, redeemed qualified Series EE U.S. Savings Bonds. The proceeds were used to help pay for their daughter's college tuition. Jake and Stockard received proceeds of $8,000 representing principal of $5,000 and interest of $3,000. The qualified higher educational expenses they paid this year totaled $6,000. Their AGI is below the threshold
for phase-out of the exclusion. What is the amount of interest income Jake and Stockard can exclude from their income this year? A) $2,250 B) $2,500 C) $3,000 D) $5,000