What is a reason the government prefers electronic banking over paper banking?

A) Increased transaction costs
B) Decreased float
C) Decreased electronic use
D) Decreased banking fraud

B

Business

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If a buyer takes title to a residential property "subject to" the existing loan and does not obtain the lender's consent, which of the following best expresses the potential consequences:

A: The seller may incur personal liability for the amount of the loan or any deficiency suffered by the lender to the extent permitted by law; B: The lender may accelerate the loan; C: The buyer may lose the property to foreclosure if unable to obtain new financing; D: All of the above.

Business

All of the following are tax return preparers except

A. A person who prepares a substantial portion of the return for a fee. B. A person who prepares a claim for a refund for a fee. C. A person who gives an opinion about theoretical events that have not occurred. D. A person who prepares a United States return for a fee outside the United States.

Business