ANSWER = b) 2 ONLY
Under Article 4 of the Disciplinary Rules & Procedures the DEC (Disciplinary and Ethics Commission)
In the event of a permanent revocation it shall be standard procedure to publish the fact of the revocation together with identification of the Respondent in a press release, or in such other form of publicity as is selected by the DEC.
Which, if any, of the following statements is (are) correct? 1. The revocation of the right...
Which, if any, of the following statements is (are) correct? 1 C corporations have unlimited liability. 2 Sole proprietorships offer limited liability. A. 1 only. B. 2 only. C. Both 1 and 2. D. Neither 1 nor 2.
1. Which of the following statements concerning insurance underwriting is (are) correct? I. Underwriting is the selection and pricing of insurance applications that are offered to an insurer. II. Underwriting attempts to avoid adverse selection by individuals who purchase insurance. A I only B. II only C. Both I and II D. Neither I nor II 2. Which of the following statements concerning modified endowment contracts (MECs) is (are) correct? I. Any policy that is paid up prior to age...
Which of the following statements is/are correct? 1. The principal but not the interest to be paid this year on a 30-year mortgage is properly classified on the Statement of Financial Position as a current liability. 2. A CD with a maturity of 9-months is classified as an investment asset on the Statement of Financial Position. Select one: a. a. 1 only. b. b. 2 only. c. c. Both 1 and 2. d. d. Neither 1 nor 2. Question 12...
1. Regarding the tax formula applicable to individual taxpayers, which of the following statements is correct? a. In arriving at AGI, a taxpayer may claim deductions for AGI or deductions from AGI, but not both. b. In arriving at taxable income, a taxpayer may claim deductions for AGI or deductions from AGI, but not both. c. If a taxpayer claims deductions for AGI, the standard deduction is not available. d. In arriving at taxable income, a taxpayer may claim itemized...
1. Regarding the tax formula applicable to individual taxpayers, which of the following statements is correct? a. In arriving at AGI, a taxpayer may claim deductions for AGI or deductions from AGI, but not both. b. In arriving at taxable income, a taxpayer may claim deductions for AGI or deductions from AGI, but not both. c. If a taxpayer claims deductions for AGI, the standard deduction is not available. d. In arriving at taxable income, a taxpayer may claim itemized...
Which o f the following may be correct: (1). The Gibbs phenomenon can be suppressed by design low-pass and high pass filters; (2). The Gibbs phenomenon can be also suppressed by other techniques which can erase or reduce the overshot or undershot at the the edges. Select one: a. Only (1) is correct. b. Neither (1) nor (2) is correct. c. Only (2) is correct. d. Both (1) and (2) are correct
QUESTION 81 Which of the following statenents conceming the reduction of Social Security benefits is (are) correct? L Besides early retirement, there are two other situations in which beneficiaries can have their benefits reduced: through the retirement earnings limitations test and through taxation of benefits A person generally can continue to work even though he or she is considered "retired" under Social Security; however, those eamings for a person under normal retirement age must not exceed certain limitations. O 1...
Which of the following statements is correct? (a)It is possible for an object to have motion in the absence of forces on the object. (b)It is possible to have forces on an object in the absence of motion of the object. (c)Neither statement (a) nor statement (b) is correct. (d)Both statements (a) and (b) are correct
Which of the following statements is/are correct? I. At 6% interest, the present value of: $400 for the first year, $600 for the second year, and $800 for the third year is $1,603.00. II. The future value of the following mixed cash flow stream (if it is from an annuity due at 6% interest):$400 for the first year, $600 for the second year, and $800 for the third year is $1,999 (rounded). Only statement I is correct. Neither statement I...
Which of the following statements about an insurable interest in life insurance is (are) true? I. It is required of any person named as beneficiary. II. It must exist at the time the life insurance is purchased. OI only Oll only both I and II neither I nor 11 Which of the following statements about an insurable interest in life insurance is (are) true? 1. It is required of any person named as beneficiary. II. It must exist at the...