Which statement about minutes of a committee meeting is LEAST accurate?
a. All committees prepare minutes of their meetings.
b. The minutes should contain summaries of actions taken.
c. The recorder should avoid descriptive terms when recording actions taken.
d. The minutes may be sent to individuals who are not membersof the commit-tee.
a
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This challenging new project is exciting and I cannot wait to see how great it is going to be when I am finished. Which leadership style would help me the most?
A. directive behaviors B. participative behaviors C. supportive behaviors D. achievement behaviors
If the law changes such that the actions called for in an agency arrangement become illegal after
the agency has been carried on legally for some period of time, what is the consequence? A) The agency is not terminated, but the principal and agent will each become liable for his or her own illegal actions. B) The agency is not terminated, but the principal and agent will each become liable for the illegal actions of the other. C) The agency is terminated effective upon the change in law taking effect. D) The agency is terminated retroactively and the parties must each return any consideration received from the other. E) The agency is terminated retroactively and the parties are left where they are.
In most contracts, promises of performance are notexpressly conditioned or qualified
Indicate whether the statement is true or false
Which of the following statements is incorrect?
A. To determine the taxable amount of each annuity payment, the taxpayer must know the cost of the contract. B. If annuity payments are to be received for a fixed period, the taxpayer does not need to refer to the life expectancy tables provided by the IRS. C. The exclusion ratio represents the proportion of each annuity payment that will be tax-free. D. Once the cost of the annuity has been recovered, any remaining payments will be tax-free.