Ncs Nw GI - Corp Action Plan
6 Questions
| Total Attempts: 62
This quiz is for the GI-Corp ACTION plan that was trained on 21, January 2010.
Questions and Answers
- 1.If the vesting is: John Smith and Jane Smith, DBA J&J Market, GI should be ran as?
- A.
Smith, John; Smith, Jane, only
- B.
J&J Market, only
- C.
Smith, John; Smith, Jane, J&J Market, only
- D.
John Smith and Jane Smith dba J&J Market, only
- E.
If it's a dba GI isn't necessary
- 2.Does a joint venture eliminate the previous business entities?
- A.
Yes
- B.
No
- 3.The partners of a general partnership need to be ran on GI as well as the partnership name.
- A.
True
- B.
False
- 4.What items need to be reflected against a general partner of a partnership? (Check all that apply)
- A.
Tax liens
- B.
Support Judgments
- C.
Garbage liens
- D.
Bankruptcies
- E.
Probates
- 5.If Adam Johnson and Steve Johnson acquire title in 2005 and deed into the Johnson LLC (which is their company) in 2008 - do the individuals need to be ran and checked until 2008?
- A.
Yes
- B.
No
- 6.Are you aware that the current NW GI procedure is the proper procedure to follow for both OR and WA and takes presidence over any other instructions previously given?
- A.
Yes
- B.
No
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