Corporations cannot be shareholders in an S corporation.
Answer the following statement true (T) or false (F)
True
Business
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A perpetuity pays $85 per year and costs $950. What is the rate of return?
A. 8.95% B. 9.39% C. 9.86% D. 10.36% E. 10.88%
Business
A wash sale:
A. comes under the liability provisions of the 1934 Act. B. occurs each time new securities are issued. C. refers to a legal activity that manipulates the price of a security. D. is a violation under Section 10(b) of the 1934 Act.
Business
Claims made by telephone or e-mail are just as effective as claims made in writing
Indicate whether the statement is true or false
Business
List and briefly describe two advantages of teams
Business