Under the federal Bankruptcy Code, the exemption amount for the debtor's personal residence is
A. $23,675.
B. $55,200.
C. unlimited.
D. $125,000.
Answer: A
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CarWorks Company has 100,000 authorized shares of $4 par common stock. The company issued 40,000 shares at $8 . Subsequently, CarWorks declared a 2% stock dividend on a date when the market price was $11 a share. What is the amount transferred from the retained earnings account to paid-in capital accounts as a result of the stock dividend?
a. $8,800 b. $4,800 c. $3,200 d. $6,400
Many organizations are nowadays installing boardrooms that also function as conference rooms
Indicate whether the statement is true or false.
West Virginia enacts a statute that requires labels on video games to warn parents when "the range of options available to a player includes killing and maiming the image of a human being.". Game makers file a suit against the state to block the enforcement of this statute. According to a decision of the United State Supreme Court in a case involving a similar statute, the court in this case
should rule that the statute a. legitimately extends restrictions on sex-based content to violence in video games. b. violates the First Amendment's guarantee of freedom of speech. c. fairly imposes market-share liability on makers of violent games. d. merely replaces the voluntary rating system currently in use.
Source code is made available from an open source project's Web site to any user.
Answer the following statement true (T) or false (F)