If a stock was purchased in January 2014 for $1,000 and sold in December 2015 for $3,000, a ________ of $2,000 results
A) long-term capital gain
B) short-term capital gain
C) long-term capital loss
D) short-term capital loss
Answer: A
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Since Po covers both trade shows and resellers, it make most sense for her to organize her territory by:
A) date of trade show and location of reseller B) date of trade show and complexity of reseller C) time zone of trade show and time zone of reseller D) size of trade show and size of reseller E) size of trade show and zip code of reseller
Which of the following best defines false pretenses?
A) It is the material altering of anything in writing that, if genuine, might be the foundation of a legal liability. B) It is a designed misrepresentation of existing facts or conditions by which a person obtains another's money or goods. C) It is the making of an entry into the books of a bank or corporation that is designed to represent the existence of funds that do not exist. D) It is the suppression of a material fact that the person is legally bound to disclose.