Which type of business organization has the respective rights and privileges of a legal person?
A) Sole proprietorship
B) General partnership
C) Limited partnership
D) Corporation
E) Limited liability company
D) Corporation
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Which cultural group relies strongly on recommendations from opinion leaders within their social network?
A) Europeans B) South Americans C) Africans D) Americans E) Asians
The CFP designation is reserved for those individuals that have successfully completed a series of exams covering all aspects of financial planning
Indicate whether the statement is true or false
In which of the following situations will the inference of the existence of a partnership be drawn from the receipt of profits of a business?
A) Where payments of a debt are made to a creditor in installments from the profits of the partnership B) Where wages are paid to an employee who is not also an owner C) Where an annuity is paid to the widow of a deceased partner from partnership profits D) Neither the creditor, the employee, nor the widow in these situations will be considered a partner under the guidelines in the RUPA.
A random sample of 16 statistics examinations from a large population was taken. The average score in the sample was 78.6 with a variance of 64 . We are interested in determining whether the average grade of the population is significantly more than 75 . Assume the distribution of the population of grades is normal. At 95% confidence, it can be concluded that the average grade of the population
a. is not significantly greater than 75 b. is significantly greater than 75 c. is not significantly greater than 78.6 d. is significantly greater than 78.6