An assertion about the future whose outcome you have not yet seen is called a ________.
Fill in the blank(s) with the appropriate word(s).
Answer: forecast
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Answer the following statements true (T) or false (F)
Public goods are commodities that, once consumed, reduce the opportunity for consumption by others.
Jennifer, who stole a check "payable to cash," cannot be a holder since she did not receive possession by voluntary transfer
a. True b. False Indicate whether the statement is true or false
Which of the following statements regarding S corporations is true?
A. The owners of a new business should be indifferent between operating as an S corporation and a partnership. B. All states treat the S corporation as a taxable corporation for corporate franchise tax purposes. C. Generally, the transfer of property by a controlling shareholder to a newly-formed S corporation in exchange for stock is a nontaxable event. D. If an S corporation's election terminates, the corporation is forced to liquidate.
Which of the following limitations does NOT apply to the government in civil proceedings to take a person's liberty or property?
A. Procedural Due Process B. The Takings Clause C. Substantive Due Process D. The Equal Protection Clause