Secondary liability Study guides, Class notes & Summaries

TEST BANK FOR INTERMEDIATE ACCOUNTING, 11TH EDITION BY DAVID SPICELAND, MARK NELSON, THOMAS WAYNE, JENNIFER – ALL CHAPTERS . Financial accounting is concerned with providing relevant financial information about various kinds of organizations to different types of external users. The primary focus of financial accounting is on the financial information provided by profitoriented companies to their present and potential investors and creditors. Question 1–2 Resources are efficiently alloca...

RMI 2302 FSU NYCE EXAM 1 Questions And Answers (Verified And Updated) Risk Likelihood - answerFrequency - the probability that a loss can occur. What 3 ways can Risk Likelihood be categorized - answerHigh - an event is expected to happen in most circumstances Medium - an even will probably happen in many circumstances Low - an event may occur at some point Risk Impact - answerSeverity - the potential effect that a loss could have if it arises. Risk prevention methods are best applied to ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

In-depth yet succinct revision notes of topics from all Commercial Law Lectures, comprising all relevant cases (key facts, decisions, rules) and relevant statutes, as well as some reference to journal articles and other secondary sources. Can be used for exam revision (multiple choice and/or problem/essay questions) as it contains sufficient information needed, or to accompany your coursework research for various topics in Commercial Law. (Please excuse any typos) Contents: Formation of A...

Responder safety Safe, quick clearance Prompt, reliable interoperable communications Purpose of the strategic highway research program 2 national traffic incident management responder training program is to promote consistent training of all responders and achieve three objectives Drunk Drugged Drowsy Distracted Just plain dangerous D drivers Secondary crashes Those crashes that occur within the incident scene or within the queue or back up, including the opposite directio...

TIPS Certification Study Guide (2022/2023) Rated A+ 3 Types of Illegal Alcohol Sales 1. Underage - guests under 21 2. Third Party - guests who are buying for someone underage 3. Visibly Intoxicated 2 Kinds of Law Covering Liability for Servers of Alcohol 1. Common Negligence Laws 2. Dram Shop Liability Laws Common Negligence Laws 1. Not specific to alcohol 2. Can involve illegal alcohol sales 3. Based on Court Cases 4. Sets a standard for what "reasonable person would do" 5. Every jurisdicti...

Responder safety Safe, quick clearance Prompt, reliable interoperable communications - Answer- Purpose of the strategic highway research program 2 national traffic incident management responder training program is to promote consistent training of all responders and achieve three objectives Drunk Drugged Drowsy Distracted Just plain dangerous - Answer- D drivers Secondary crashes - Answer- Those crashes that occur within the incident scene or within the queue or back up, including th...

Class A/B Operator for Underground Storage Tank questions and answers The Class A and Class B certification must be renewed every: - 5 years UST financial responsibility requirements apply to what? - 600 gallon used oil tank Secondary Containment is required for what? - New UST Systems, Piping in contact with the ground, and Replacement UST A Class A operator shall maintain the records of UST site inspections for a *minimum* of: - 3 years New owners of an existing UST system shall regist...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

USPS Exam 421 Window Clerk Practice Exam Questions And Correct Answers USPS Mission Provide, trusted, affordable, universal 24-Hour Clock Improve effectiveness through standardization & innovation. End-to-end process to ensure mail is Collected, distributed, and delivered. USPS runs on this. Delivery Methods Planes, trucks, cars, boats, bicycles, snow mobiles, mules. APC Automated Postal Centers Automated Postal Centers Self-serve kiosks, commercial retail outlets, banks, ATMs. Mail...