An attorney receives a check from the defendant in settlement of a lawsuit brought by his client, the plaintiff. Even if the check is made out in the name of the attorney, it will belong to the client as a:
A) resulting trust.
B) constructive trust.
C) totten trust.
D) spendthrift trust.
A
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Mendes Charters reported the following information at December 31, 2015: Preferred stock, $100 par, 500 shares authorized, and outstanding; cumulative; nonparticipating; callable at par value $ 50,000 Common stock, $12 par, 50,000 shares authorized and outstanding 600,000 Additional paid-in capital--Common 25,000 Retained earnings 825,000 Mendes' total contributed capital is
a. $ 650,000 b. $ 675,000 c. $1,500,000 d. $ 625,000
Distinguish between illegal wagering contracts and legal risk-shifting and speculative bargaining agreements.
What will be an ideal response?
Syndicated data are data that are collected and made available to all subscribers in ________
A) standard format B) moderated format C) variable format D) specialized format E) contemporary format
In the 1930s, companies and consumers began to realize that utilizing resources efficiently and effectively was good for society and beneficial to business. This grew into the ________ movement.
A. consumer-orientation B. active citizen C. profitability D. green E. direct investment