In Heintz v. Jenkins, the Supreme Court held that the Fair Debt Collection Practices Act:
a. applies to people who have at least $4,000 worth of debt
b. applies only to collection agencies located outside the U.S. c. applies only to debts over $1,000
d. applies only to collection agencies with more than 50 employees e. none of these is correct
e
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In the context of buying teams, which of the following is a role of gatekeepers?
A. To evaluate a product on the basis of how it will affect employee performance B. To identify the need for a product C. To determine which product or service will be purchased D. To negotiate final terms of purchase with suppliers E. To control the flow of information to and between vendors and other buying center members
U-Rents Company wants to insure the equipment that it rents to consumers. To obtain insurance, U-Rents must have an insurable interest in the property
A) at the time U-Rents rents the equipment B) at the time a loss occurs. C) at the time a policy is obtained. D) continuously from the time a policy is obtained to the time a loss occurs.
During 2017, Track Corporation distributes property to Cindy as part of a complete liquidation. Property included in the distribution is $30,000 in cash, land with a $40,000 adjusted basis and a $60,000 FMV, and a copyright without an ascertainable FMV and having a zero basis. The first payment to Cindy of $8,000 for use of the copyrighted property occurs in 2018. Cindy has a basis in the Track
stock of $95,000 immediately preceding the liquidation. The minimum amount of gain that Cindy must recognize is a A) $3,000 gain in 2018. B) $0 gain in 2017. C) $3,000 gain in 2017, which is reported on an amended current-year tax return that is filed in 2018. D) none of the above
As part of the registration statement, the preliminary prospectus circulates to investors before the stock is offered. This preliminary prospectus is also called a(n) ________
A) IPO filing B) 10-K filing C) blue whale D) red herring