The symbol ? shows the
a. union of events.
b. intersection of two events.
c. sum of the probabilities of events.
d. sample space.
b
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Direct liability occurs when the:
A. agent's criminal behavior occurs outside the scope of employment. B. principal has liability insurance and the agent commits a tort. C. agent is not acting at the direction of the principal. D. principal is negligent in the hiring and/or the supervision of the agent.
The following are the values of a time series for the first four time periods:
t
1
2
3
4
24
25
26
27
Using a four-period moving average, the forecasted value for time period 5 is
A. 24.5. B. 25.5. C. 26.5. D. 27.5.
On April 30 of the current year, Ashley contributes a building with a $155,000 basis and a $235,000 FMV in exchange for a partnership interest. She purchased the building eight years ago.a. What is Ashley's basis in her partnership interest? b. What is Ashley's holding period of her partnership interest? c. What is the basis of the building in the hands of the partnership? d. What is the holding period of the building in the hands of the partnership? e. How will the partnership depreciate the building in the year of contribution?
What will be an ideal response?
Commercial banks are insured by the
a. Financial Deposit Insurance Association. b. Federal Depositors Assurance Corporation. c. Federal Deposit Insurance Corporation. d. Financial Deposit Insurance Company. e. Federal Demand Deposit Corporation.