The government does not need to compensate any real property taken in an eminent domain action

Indicate whether the statement is true or false


FALSE

Business

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Included in the Employee Retirement Income Security Act are the following:

a. provisions requiring minimum funding of pension plans. b. minimum rights to employees upon termination of their employment. c. creation of the Pension Benefit Guaranty Corporation. d. provisions requiring minimum funding of pension plans and minimum rights to employees upon termination of their employment. e. provisions requiring minimum funding of pension plans, minimum rights to employees upon termination of their employment, and creation of the Pension Benefit Guaranty Corporation.

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If a trust provides for its termination on the beneficiary's death, the death will end the trust.

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

Business

May is a stockbroker. Due to May's statements, Nora believes that the price of OK Goods, Inc. (OKGI), a widely traded stock, is going to increase substantially. Nora buys 500 shares of OKGI at $10 per share, but the price soon drops to $2. Nora can successfully recover

A. nothing. B. the amount of the purchase price. C. the amount of the purchase price plus the expected increase. D. the amount of the purchase price plus the unexpected decrease.

Business

If the principal debtor defaults, the surety has rights against the principal debtor, third parties, and cosureties. These rights would include:

A) exoneration. B) reimbursement. C) subrogation. D) All of these.

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