This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: To meet the requirements of the FTC, the franchisee must make a minimum payment of at least 540 ... (Read 41 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
To meet the requirements of the FTC, the franchisee must make a minimum payment of at least 540 during the first six months of operations.
  Indicate whether the statement is true or false

Question 2

R is a shareholder in a newlyformed corporation that is involved in real estate development. There are five shareholders and income will be derived from rental properties only. The other four shareholders wish to elect Subchapter S status. R does not want to and tells the others he has doubts about the corporation qualifying for Subchapter S treatment. What result?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

R is right - there will be too much passive income. The election to go Subchapter S must be unanimous.


j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 24, 2018
Gracias!

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

This one might make you look twice This one might make you look twice
The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row
A food diary can help patients identify unhealthy eating habits and make healthy choices. A food diary can help patients identify unhealthy eating habits and make healthy choices.
The Body’s Nutritional Requirements The Body’s Nutritional Requirements
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ... A manufacturer of cat towers wishes to locate a super assembly facility to meet their cat tower ...
Video: Structures that affect circulation - arterioles and vasomotor responses

For a complete list of videos, visit our video library