Day 3

Day 3

Professional Development

10 Qs

quiz-placeholder

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Day 3

Day 3

Assessment

Quiz

Business

Professional Development

Practice Problem

Medium

Created by

Kevin Nguyen

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10 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What forms is common among all entities? Select all that applies

corporation resolution

signature card

Business Banking Service Agreement

Checklist

Business Access Card Schedule

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many different resolution forms are there?

1

2

3

4

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

For Corporation Resolution what is the Signing Requirement? Select all that applies

All signors must sign

All Directors sign

any 2 titled officers to sign

100% owner

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If we have a Quebec speaking or resident customer what must we provide?

Provide French copies of all documents

Transfer to Montreal BBS

Offer translation services

Nothing

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What items are typically on articles of incorporation? Select all that applies

Incorporation Number (BIN)

Registered Address

Ownership

Directors

Phone numbers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formal Trust consists of:

Mixed and informal Trusts

Family and Mixed Trusts

Estate Trusts only

Living and Testamentary Trust

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which trust would you set up for a Lawyer that has arrangements?

Testamentary Trust

Family Trust

Mixed Trust

General Trust

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