Lsb 3213 holden - Study guides, Class notes & Summaries
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LSB 3213 EXAM 2 - HOLDEN | 100 QUESTIONS | WITH CORRECT ANSWERS!!
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LSB 3213 EXAM 2 - HOLDEN | 100 QUESTIONS | WITH CORRECT ANSWERS!!
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LSB 3213 Holden OKstate smart book chapter 7 (Complete) Questions & Answers.
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LSB 3213 Holden OKstate smart book chapter 7 (Complete) Questions & Answers.
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LSB 3213 Exam 2 - Holden (Questions & Answers) Rated 100%
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Don enters into a contract with Eve, who claims to have access to a stock-trading algorithm that will 
multiply an investment many times over. When the results do not match this promise, Don learns that 
Eve does not have access to any unique software and files a suit, alleging fraud. Proof of an injury is 
required to - A; recover damages. 
A major-league baseball team based on the North side of Chicago is in the playoffs and doing well. 
Behind the left-field wall there is an apartment buildin...
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LSB 3213 Exam 2 – Holden Guaranteed A+
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LSB 3213 Exam 2 – Holden Guaranteed A+ - Illegal contracts are 
A) Void 
B) Voidable 
C) Unjust 
D) A violation of the Uniform Commercial Code 
️A - Generally, contracts for the sale of goods fall under the jurisdiction of: 
A) The Uniform Commercial Code. 
B) State statutory law based on the Uniform Commercial Code. 
C) State common law. 
D) Federal regulations. 
️B - Will and Kendrick reside in a state where contracts for transactions exceeding $500 must be in ...
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LSB 3213 Exam 2 - Holden Questions + Answers Graded A+
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Josh sells t-shirts at an amusement park. When selling t-shirts, he often tells people that 
the shirts are the softest shirts ever created. If he did not truly believe that and it was a 
lie, would this be an example of misrepresentation? 
A) Yes because he lied. 
B) No because it is not an important opinion. 
C) Yes because it is a lie about an opinion. 
D) No because it is a lie about an opinion. - ️️D 
Caleb contracts with Eliza to beat up Mickey for $50.00. Is that agreement enforceable...
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LSB 3213 John Holden Oklahoma State Exam 3 (Questions & Answers) Rated 100%
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An enterprise may not be a Subchapter S corporation if it owns more than __________ of 
the stock of a subsidiary corporation. 
A) 60 percent 
B) 80 percent 
C) 70 percent 
D) 50 percent - B) 80 percent 
After the ULLCA was created, some states have started to adopt an act that modifies it called 
A. Reform Limited Company Act 
B. Reformed Limited Liability Corporation Act 
C. Revised Uniform Limited Liability Company Act 
D. Revised Limited Company Formation Act - C. Revised Uniform Limited Lia...
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LSB 3213 John Holden Oklahoma State Exam 3 Questions And Answers Latest Updates
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Cyndy is a sole proprietor of a day care. She wishes to build a new playground and also 
purchase new toys. She plans on doing this in stages and therefore wants a loan where 
she can draw against a predetermined amount as she needs it rather than getting a 
lump sum loan. Which type of loan would you recommend for Cyndy? 
A) Collateral 
B) Line of credit 
C) Private loan 
D) Commercial loan - ️️b. line of credit 
Which of the following is true about a sole proprietorship? 
A) It is subject ...
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LSB 3213 Holden Exam 1 Study guide (Questions & Answers) Rated 100%
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Depositions are 
a. oral questions, answered orally, asked of parties and witnesses. 
b. oral questions, answered orally, asked only of parties. 
c. written questions, answered in writing, asked of parties and witnesses. 
d. written questions, answered in writing, asked only of parties. - a. oral questions, answered 
orally, asked of parties and witnesses. 
Brenna confronts Noah at work as he is continually taking packets of printer paper and pens from the 
office supply closest for his own pers...
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LSB 3213 Exam 2 – Holden quizzes and solutions
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Illegal contracts are 
A) Void 
B) Voidable 
C) Unjust 
D) A violation of the Uniform Commercial Code - A 
 
In general, contracts for the sale of goods are governed by: 
A) the Uniform Commercial Code. 
B) state statutory law based on the Uniform Commercial Code. 
C) state common law. 
D) federal regulations. - B 
 
Will and Kendrick live in a state that requires that contracts involving transactions over $500 be in writing. If they enter a verbal agreement to buy a car for $1,500, this contr...
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LSB 3213 John Holden Oklahoma State Exam 3 Practice Questions and Answers
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LSB 3213 John Holden Oklahoma State 
Exam 3 Practice Questions and Answers 
All of the following are methods that a sole proprietorship can raise money 
except 
A) Private loans. 
B) Commercial loans. 
C) Sell ownership in the business. 
D) Line of credit - Answer️️ -Sell ownership in the business 
Which of the following is true about a sole proprietorship? 
A) It is subject to corporate income tax. 
B) Sole proprietorships face double taxation. 
C) The owner reports income and expenses on t...
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