Molly signs a promissory note payable to Nano Credit Corporation while mentally incompetent but before a court judges her to be mentally incompetent. The note is

A. payable to any bearer of the note.
B. payable to any holder of the note.
C. payable to the court only.
D. voidable.


Answer: D

Business

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Answer the following statement true (T) or false (F)

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Chaz works for Bridge Builders, Inc While working on a Bridge Builders project, Chaz is injured. Under state workers' compensation laws, Chaz will be compensated only if his injury was A) incidental

B) material. C) accidental. D) intentional.

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Nearly all signals used for communications are part of the

electromagnetic spectrum. Indicate whether the statement is true or false

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Tatoo Inc. reported a net capital loss of $13,000 in 2019. The company had a net capital gain of $4,300 in 2017 and $3,000 in 2016. In 2018, although the company suffered a net operating loss, it had net capital gains of $1,000. What is the amount of Tatoo's capital loss carryover remaining after it applies the carryback?

A. $4,700. B. $13,000. C. $5,700. D. $8,700.

Business