If a customer wanted to obtain bank financing which of the following will the bank inquire about before granting a loan?
a. Firms credit history
b. financial position of the firms creditors
c. firms cash flow
d. a and c
D
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In fire insurance, the purpose of coinsurance clauses is to prevent over-insurance
Indicate whether the statement is true or false
The two types of data link protocols that delineate data in a bit stream are ________ and ________
A) beginning, ending B) delineated, lineated C) acquiring, acquired D) asynchronous, synchronous
If a firewall receives a packet that is suspicious, it will drop and log the packet
Indicate whether the statement is true or false.
Identify which of the following statements is true.
A) If the gifted property's FMV on the date of the gift exceeds its adjusted basis and the donor pays no gift tax, the donee's basis is the same as the donor's basis if the property is sold for a loss. B) Prospective donors should not dispose of property that has declined in value by selling it rather than gifting it. C) A $15,000 annual exclusion per donee is available for both gift tax and estate tax purposes. D) All of the above are false.