Corporate brokerage trust accounts must be solely in the corporation's name.
a. true
b. false
Answer: b. false
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Special vesting rules apply to qualified defined contribution plans with voluntary employee contributions and matching employer contributions. Which of the following statements is (are) true with respect to these vesting rules?
I. Employer contributions must vest immediately. II. Graded vesting is permitted, and employer contributions must be 20 percent vested after 2 years, with an additional 20 percent vested in each of the next 4 years. A) I only B) II only C) both I and II D) neither I nor II
What is the final step in organizing a union?
A) Get 30 percent or more of the company's workers to sign an authorization card. B) The National Labor Relations Board holds a hearing to decide on the appropriate bargaining unit. C) Ask the employer for official union recognition. D) The National Labor Relations Board holds an election and if 50 percent or more of the votes agree to unionization, the union receives certification. E) Petition the National Labor Relations Board to decide if it has enough votes and which union should represent the workers.