Which of the following is federally licensed to borrow money from the Small Business Administration to invest in or lend to small businesses?

A) SCORE
B) SBICs
C) SBDC
D) FDIC
E) SEC


Answer: B
Explanation: B) In addition, small-business investment companies are themselves investments for their shareholders.

Business

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Nathan owns a triplex in Santa Maria, California. He lives in one and rents the other two remaining units. All three units are identical. He incurred the following expenses for the entire building:   Mortgage interest$20,000Maintenance 6,200Property taxes 9,000Utilities 5,000Depreciation 4,000How much in rental expenses can Nathan deduct against the rental income on a Schedule E in the current year (without considering any passive loss limitations)? (Round your answers to the nearest whole dollar)

A. $29,467 B. $14,733 C. $44,200 D. $20,000

Business

The doctrine of marshaling of assets is an equitable doctrine

Indicate whether the statement is true or false

Business

Zoë was looking for a kennel to board her cocker spaniel for 2 weeks while she goes on vacation. There are 2 kennels close to her home. One charges $50 per week and the other charges $125 per week. Zoë chose the higher priced service because her dog is like a member of the family and she wanted it to have the best possible care while she was away. Zoë's service expectation level was determined by a(n):

A. Word-of-mouth communication B. Explicit service promise C. Marketing testimonial D. Perceived service alternative E. Implicit service promise

Business

Continuous learning requires employees to understand the entire work system.

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

Business