FP2 무료 덤프문제 온라인 액세스

Xin Yi is a surgeon looking to get a disability insurance plan. His advisor has presented him with the following options:
Policy
Definition
Elimination period (days)
A
Any
30
B
Any
60
C
Own
30
D
Own
60
Which policy will likely have the highest premiums?

• A.Policy D.
• B.Policy C.
• C.Policy A.
• D.Policy B.

When a Canadian works abroad for a Canadian employer, what proof must be provided to have that time qualify as residence in Canada for Old Age Security?

• A.Proof of employment from the Canadian employer and proof of physically returning to Canada within 6 months of ending employment.
• B.Proof of Canadian Residency.
• C.Proof of paying Canadian Income Tax.
• D.Proof of returning to Canada within one year of ending employment and proof of paying Canadian income taxes.

Roy gifted his nephew Charles, age 16, shares for his birthday. The managed portfolio will generate both dividends, and capital gains and losses. What will be Roy's future tax implications, with respect to this transfer, until Charles reaches the age of majority?

• A.Dividend income is attributed to Roy.
• B.No gains, losses or income are attributed to Roy.
• C.Capital gains are attributed to Roy.
• D.Capital losses are attributed to Roy.

Which statement describes the doctrine of non est factum as it applies to contracts?

• A.When one party is mistaken by the nature of the document.
• B.When a mistaken assumption is made by both parties on a fundamental aspect of the subject matter.
• C.When the goods, which are subject of the contract, do not exist.
• D.When a false statement of fact induces another to enter into a contract.

What is a disadvantage of a corporation?

• A.Attribution rules apply to loans to a small business corporation.
• B.There are no government grants available to corporations.
• C.Owners are not able to limit their personal liability for business debts.
• D.At death of a shareholder, there may be a potential for double taxation.