Author Question: Garnishments: A) are attachments of funds for executing a judgment. B) are not regulated by federal ... (Read 62 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
Garnishments:
 A) are attachments of funds for executing a judgment.
 B) are not regulated by federal laws.
 C) can take up to 75 percent of the debtor's wages.
 D) All of the above

Question 2

Allied Van Lines has structured its company by giving its franchisees stock ownership in the company. On the stock is the following language: NOTE: Restrictions apply to ownership of this stock. Only franchisees and employees of Allied Van Lines can own this stock. In the event of a franchise or employment termination, the stock must first be offered to the Allied Board for purchase. Is the restriction valid?



tanna.moeller

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

A

Answer to Question 2

Yes, the restriction is probably valid: (1 ) it is noted on the stock; (2 ) it is for the purpose of keeping ownership in the company; (3 ) it is reasonable - shares are offered to the board.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library