General subchapter a Study guides, Class notes & Summaries

NASCLA Business Law and Management EXAM SC Latest Update Graded A+ Sole Proprietorship a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S...

Texas Principles of Real Estate 1 (2023/ 2024) Exam| Questions and Verified Answers| Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q:...

NASCLA Business Law and Management Exam Questions With 100% Correct Answers, Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number of...

Texas Real Estate Agent A person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? No. There are two types of licenses: broker's and salesperson's license What is the most popular division of the real estate market? Residential real estate because there are more transactions in residential in other forms of real estate. Residential brokerage in...

AFSB 152 - The Institutes Practice Exam Questions Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? · Heavy and highway construction · General Engineering contractor · General Building contractor · Design/build contractor - Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Highville Municipal Property Compan...

Sole Proprietorship - a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Corporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corporation - A unique government creation that looks li...

FIRE PROTECTION SPRINKLER SYSTEM SERVICE AND INSTALLATION - Answer TEXAS INSURANCE CODE-CHAP. 6003 FIRE SPRINKLER RULES - Answer TEXAS ADMINISTRATIVE CODE-SEC. 34.700 TEXAS INSURANCE CODE, TITLE 20 REGULATION OF OTHER OCCUPATIONS - Answer PG 5-21 TEXAS ADMINISTRATIVE CODE, TITLE 28 INSURANCE - Answer PG 22-44 SUBCHAPTER A - Answer GENERAL PROVISIONS FIRE PROTECTION SPRINKLER SYSTEM - Answer AN ASSEMBLY OF UNDERGROUND OR OVERHEAD PIPING OR CONDUITS THAT CONVEYS WATER WITH OR ...

A business can obtain liability insurance, which helps protect the business against lawsuit judgments. - True Bonding is a type of insurance in which the business is covered in case the workers cause any damage in the performance of their work. - True In a Subchapter C Corporation, it is possible to have a double taxation situation. - True The insurance coverage obtained by a small business is directly proportional to the cost. As the coverage increases, the cost also increases. - True If...

ETH/321T Week 2 Practice Questions with Verified Solutions What is the definition of a foreign corporation? A business formed in a different state What is the definition of a Subchapter S corporation? A business that passes profits directly to shareholders Wade and Hunter want to start a business. They have a large amount of capital. They have a good working relationship and believe they will do well sharing management responsibility and in sharing profits. They are happy to be organ...

ETH 321 - DL Week 2 Practice Assignment Questions with Verified Solutions What is the definition of a foreign corporation? A business formed in a different state What is the definition of a Subchapter S corporation? A business that passes profits directly to shareholders Wade and Hunter want to start a business. They have a large amount of capital. They have a good working relationship and believe they will do well sharing management responsibility and in sharing profits. They ar...