This class was created by Brainscape user Kimberly Dumas. Visit their profile to learn more about the creator.

Decks in this class (19)

Agency Law
Agency law deals with someone s a...,
Both parties must consent to the ...,
Actual authority is what is expre...
13  cards
Bankruptcy
Bankruptcy gives creditors protec...,
Student loans income taxes from p...,
It doesn t because the corporatio...
29  cards
Business Structures
Must have two or more partners mu...,
Yes corporations and other partne...,
Agreement can be very informal ei...
50  cards
Commercial Paper
A promise to pay a specific amoun...,
A commercial paper involving thre...,
A check is a type of draft that i...
20  cards
Contracts
Offer acceptance consideration pr...,
Can be written or oral 2,
Must be accepted by intended part...
18  cards
Dodd Frank
The dodd frank wall street reform...,
Banking institutions maintain hea...,
Limits banking institutions from ...
4  cards
Employment Environment Law
An employer paid tax must file re...,
Paid by employer and employee emp...,
Employees injured on the job get ...
7  cards
Federal Securities Acts
Governs initial public offerings ...,
Banks commercial paper farmers co...,
Issuer can issue 50m of securitie...
16  cards
JOBS Act
1 billion 1,
2 years 2,
General solicitation and advertis...
5  cards
Professional Responsibilities
This engagement helps the client ...,
Competence due professional care ...,
Express contract specifies what a...
18  cards
Property Law
Land buildings fixed to the land ...,
Must be in writing signed descrip...,
Must be in writing signed descrip...
9  cards
Sales Law
Only sales of goods are covered u...,
Offer you offer to sell something...,
You offer to sell something at a ...
11  cards
Secured Transactions
Secured interest must be supporte...,
Gets higher priority over others ...,
By filing a financing statement 3
6  cards
Corporate Taxation
Adjusted basis of property transf...,
Transferor s basis gain recognize...,
They both use adjusted basis not ...
46  cards
Estate Trust Taxation
Property transferred while taxpay...,
14 000 per year per spouse to eac...,
If the gift is an annuity use pre...
24  cards
Individual Taxation
Cash basis note this basis is not...,
Msa hsa contributions investment ...,
Investment interest expense in ex...
67  cards
Multi-jurisdictional Tax
Restricts a state s authority to ...,
A state can t collect income tax ...,
Uniform criteria for determining ...
5  cards
Partnership Taxation
False income and expenses flow th...,
Neither gain nor loss is recogniz...,
Initial basis for partnership pro...
32  cards
Property Transactions
Cost of property purchase expense...,
Sold at a gain use donor s basis 2,
Fmv at date of death or alternate...
20  cards

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CPA REG

  • Class purpose General learning

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