Question $(10)$

Under what circumstances would you most likely require a corporation to guarantee a loan to the borrower?

The borrower is a general partnership in which the corporation is an partner

The borrower is a subsidiary of the corporation.

The corporation is the borrower.

The borrower is a minority owner of the corporation.

Question $(1)$

Which of the following factors will have the most favorable effect on the timing of converting a personal asset to cash?

The original cost of the asset

The current market value of the asset

The other assets of the seller

The existence of an established market