What is an FLP?

A. a Fiscal Leasing Partnership
B. a Financial Liability Partnership
C. a Formal Legal Partnership
D. a Family Limited Partnership


Answer: D

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Section 18(a) of the Securities Act of 1934:

A. makes an accountant liable for accidental mistakes in the audit. B. requires that the plaintiff prove reliance. C. requires the accountant to prove that he exercised due diligence. D. is not triggered by reliance.

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Which one of the following is NOT one of the four broad categories of service?

a. People processing b. Possession processing c. Mental stimulus processing d. Information processing e. Involvement processing

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A contract made by a person who has not yet been adjudicated to be mentally incompetent is considered void

Indicate whether the statement is true or false

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Both ____ were lying on my desk

A) reports B) of the reports

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