Sc law - Study guides, Class notes & Summaries

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 shareholders; they cannot qualify for subchapter S tax treatment and are subject to direct taxation S corporation C...

SC Laws and Rules Questions and Answers Already Passed A carrier for a small group health plan may refuse to renew the plan if the employer exceeds a specified number of claims fails to generate minimum revenues fails below a minimum AM Best rating fails to pay the premium fails to pay the premium Twisting is BEST defined as making a false written or oral statement for the purpose of replacing an existing policy to the detriment of the insured offering something of value no...

SC law with complete solution

SC Laws & Rules Exam with correct Answers

SC Laws & Rules Exam with correct Answers

The SC Board of Funeral Service consist of how many members? 11 How long is the term for the SC Board of Funeral Service members? 3 years Of the 11 members how many must be from the general public and not associated with the funeral service establishment? 2 Beside the 2 members who are not associated with the funeral establishment, the remaining members must be licensed funeral directors and embalmers for how long? 5 years all members of the SC State Board of Funeral Service must be resi...

What is the importance of a Business Law course in a business/management curriculum, and/or the importance of knowing something about it to a businessperson? - Answer - The law is important to modern business - The history of business reveals the prominence of law - Educators today emphasize the role of law in preparing tomorrow's business leaders How can businesspeople use the law to a strategic advantage? - Answer - Knowing the legal rights and duties enhances one's ability to identify ...

Social Science Law Criminal Law SC BLE special basic 223 questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

NASCLA Business Law and Management EXAM SC Latest Update Questions and Verified Correct Answers Guaranteed A+

A carrier for a small group health plan may refuse to renew the plan if the employer exceeds a specified number of claims fails to generate minimum revenues fails below a minimum AM Best rating fails to pay the premium - Answer fails to pay the premium Twisting is BEST defined as making a false written or oral statement for the purpose of replacing an existing policy to the detriment of the insured offering something of value not stated in the insurance contract as an induce...