NASCLA BUSINESS LAW LATEST 2026 COMPREHENSIVE
EXAM QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔11.. An EAP is required to be in writing for more than _________ employees. -
✔✔10
✔✔9. Which of the flowing is not a key characteristic of a sole proprietorship?
A. termination at death of the owner
B. Business expenses and personal income are not separated
C. Taxed as ordinary income
D. Must bear all responsibility - ✔✔Business expenses and personal income are not
separated
✔✔10. Acid Test Ratio is what? - ✔✔Current assets - Inventory/ current liabilities
✔✔14. What is the purpose of just-in-time deliveries? - ✔✔Profit high and vandalism
✔✔1. FOB freight prepaid requires __________ to pay for shipping charges. - ✔✔seller
✔✔2. The South Carolina corporate tax rate is ______ - ✔✔5
✔✔3. Which of the following is not a member of the supervisory team? - ✔✔Project
Manager
✔✔4. __________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. - ✔✔Calendar
✔✔5. When working in dwelling that was built prior to 1978, the employer is to provide
each occupant with a pamphlet ____________titled. - ✔✔A. Protect your family from
lead in your home
✔✔6. The Sales and Use tax in South Carolina is_________? - ✔✔6
✔✔7. Who pays into a worker's unemployment compensation? - ✔✔Employer
✔✔16. managing cash flow is not a reward of owning an ? - ✔✔enterprise
✔✔17. ADA stads for ? - ✔✔
✔✔18. South Carolina requires withholding from nonresident contractors on contracts
exceeding __________? - ✔✔. $10,000
EXAM QUESTIONS AND SOLUTIONS GUARANTEE A+
✔✔11.. An EAP is required to be in writing for more than _________ employees. -
✔✔10
✔✔9. Which of the flowing is not a key characteristic of a sole proprietorship?
A. termination at death of the owner
B. Business expenses and personal income are not separated
C. Taxed as ordinary income
D. Must bear all responsibility - ✔✔Business expenses and personal income are not
separated
✔✔10. Acid Test Ratio is what? - ✔✔Current assets - Inventory/ current liabilities
✔✔14. What is the purpose of just-in-time deliveries? - ✔✔Profit high and vandalism
✔✔1. FOB freight prepaid requires __________ to pay for shipping charges. - ✔✔seller
✔✔2. The South Carolina corporate tax rate is ______ - ✔✔5
✔✔3. Which of the following is not a member of the supervisory team? - ✔✔Project
Manager
✔✔4. __________ scheduling consists of dates, delivery dates, payment schedule and
vacations. It is a simplified method. - ✔✔Calendar
✔✔5. When working in dwelling that was built prior to 1978, the employer is to provide
each occupant with a pamphlet ____________titled. - ✔✔A. Protect your family from
lead in your home
✔✔6. The Sales and Use tax in South Carolina is_________? - ✔✔6
✔✔7. Who pays into a worker's unemployment compensation? - ✔✔Employer
✔✔16. managing cash flow is not a reward of owning an ? - ✔✔enterprise
✔✔17. ADA stads for ? - ✔✔
✔✔18. South Carolina requires withholding from nonresident contractors on contracts
exceeding __________? - ✔✔. $10,000
