Life insurance premiums are based on all of the following except
A) the amount of coverage you desire.
B) your age when you take out the policy.
C) your health habits.
D) the age of your children when the policy is taken out.
Answer: D
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Taxable income is governed by the doctrine of constructive receipt or ability to pay.
Answer the following statement true (T) or false (F)
If you saw your friend cheating on a test, you could tell the professor you witnessed the student cheating, but then you might feel guilty for betraying a friend. On the other hand, you could keep quiet, but you might feel bad allowing the cheater to gain an unfair advantage other students in the class. This scenario is an example of a/an ______.
What will be an ideal response?
To comply with the Immigration Reform and Control Act, employers should do all of the following EXCEPT
A. complete and retain form I-9. B. present form I-9 for inspection upon request. C. verify the citizenship or immigration status of their employees. D. refuse to hire immigrants.
Shelly offers to sell Jane goods both parties know are stolen. Jane accepts the offer, and agrees to pay for the goods. Later, Jane refuses to accept or pay for the goods. If Shelly sues Jane for breach of contract, what is the probable result?
a. The law would enforce this valid, enforceable contract. b. Jane would win as this is a voidable contract. c. Shelly would win as this is a unilateral contract. d. The law would not enforce Jane's promise, as it does not have a lawful purpose.