To prove usurping by a director or an officer, a corporation must have the financial ability to take advantage of the usurped opportunity

Indicate whether the statement is true or false

TRUE

Business

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The primary purpose of a deed

A. give constructive notice B. prevent adverse possession C. prove ownership D. transfer title rights

Business

If an automobile is purchased for 100 percent use in the taxpayer's business, the annual automobile depreciation limitations do not apply

a. True b. False Indicate whether the statement is true or false

Business