In incorporating E-prise, the promoter gave an incorrect ZIP Code for the registered agent. All of the other requirements for incorporation were met. E-prise is a(n)
A. de jure corporation.
B. de facto corporation.
C. corporation by estoppel.
D. indemnified corporation.
Answer: A
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The IMF forbids member states from imposing restrictions on the payments or transfers involving current international transactions
Indicate whether the statement is true or false
Bess, Ray, and Irwin inherited 48 acres of land, which they own as tenants in common. If Bess decides she wants to live on a portion of the land, in order to get clear title to that portion:
a. Bess may request that the land be partitioned, which would change her, Ray's, and Irwin's undivided interests in the whole parcel into smaller, individually owned parcels. b. Bess need only move onto the land, as she has the right to possession of the whole 48 acres. c. Bess would need to convince Ray and Irwin to join her in selling the entire 48 acres, and she would then need to buy the portion she wishes to own separately. d. Ray and Irwin must agree to relinquish their right of survivorship and thus destroy the present tenancy.
[The following information applies to the questions displayed below.] Riley Company borrowed $36,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1,700 during Year 1 and $1,400 during Year 2. Assume no other transactions.Based on this information alone, what are the amounts of total liabilities that would appear on Riley's December 31 balance sheets for Year 1 and Year 2, respectively?
A. $36,000 and $0 B. $1,890 and $630 C. $37,890 and $0 D. $37,890 and $38,520
Regardless of the type or customer, project proposals are evaluated with a standard set of criteria
a. True b. False Indicate whether the statement is true or false