Ncs Nw GI - Corp Action Plan Follow-up
5 Questions
| Total Attempts: 75
This is the follow-up test for the NW GI-Corp ACTION Plan for Q1.
Questions and Answers
- 1.Does a joint venture eliminate the previous business entities?
- A.
Yes
- B.
No
- 2.If the vesting is a general partnership - only the partnership name needs to be ran.
- A.
True
- B.
False
- 3.What items need to be reflected against a general partner of a partnership?
- A.
Tax Liens
- B.
Support Judgments
- C.
Probates
- D.
Bankruptcies
- E.
Garbage Liens
- 4.If the vesting is: John Smith and Jane Smith, DBA J&J Market, GI should be ran as? (Mark all that apply)
- A.
Smith, John
- B.
Smith, Jane
- C.
DBA J&J
- D.
Johnsmith Janesmith
- E.
J&J Market
- 5.If Jack and Jill acquire a property in 2005 and in 2008 they deed into the Jack & Jill, LLC - GI needs to be pulled only on the LLC.
- A.
True
- B.
False
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