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Question
What is reversion?Answer
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Related questions
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_____ is the willful and corrupt false swearing or affirming, under oath, as to a material matter in question.
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_____ occurs if you learn of some information and pass it on to others, such as friends, a spouse, or other relatives and they act on the information to their benefit.
A.Perjury
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You are in possession of information that indicates a big merger between two corporations is about to occur, you might purchase shares of the corporation's stock so that when the merger is announced and the stock value increases, you will have received the benefit of that increase to the detriment of the public who did not know that information. This is an example of:
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B.embezzlement.
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The Sixth Amendment:
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Embezzlement is a breach of trust done for private gain by an employee or agent of the corporation.
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Discuss the fee simple property interest.
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A.closely held corporation
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B.The board is an agent for the shareholders.
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Which of the following is an incorporated form of business?
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A partnership is dissolved by court order if:
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Under the Uniform Partnership Act, whenever a partner withdraws from the general partnership, the partnership
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If a limited liability company elects to be member-managed:
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With reference to the two characteristics of an agency relationship, the principal's right to control the agent and the fiduciary nature of the relationship, the relationship between a trustee and a beneficiary:
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A.108
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SEC guarantees accuracy of the information printed in the prospectus.