What constitutional amendments are particularly important in the study of entertainment law?

What will be an ideal response?

The primary amendments in entertainment law include the First, Fifth and Fourteenth Amendments. Others may apply of course as well.

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Which of the following statements concerning flexible spending accounts is false?

A) They are also known as cafeteria plans. B) Unspent funds may be held over for subsequent years. C) Employees may voluntarily contribute pretax dollars to this account. D) Expenditures from the account are subject to IRS restrictions.

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A generous benefactor to a local ballet plans to make a one-time endowment that would provide the ballet with $150,000 per year into perpetuity. The rate of interest is expected to be 5 percent for all future time periods

How large must the endowment be? A) $ 300,000 B) $3,000,000 C) $ 750,000 D) $1,428,571

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