Question: Billy Jack Walker dba Walker Enterprises has been a customer of the bank for nine months. The company regularly makes cash deposits in excess of

Billy Jack Walker "dba Walker Enterprises" has been a customer of the bank for nine months. The company regularly makes cash deposits in excess of $10,000 because the company operates several bars, restaurants in the city. Walker Enterprises does not qualify as an exempt person. Why not?
Group of answer choices
It has not maintained an account at the bank for 12 months
the type of business is ineligible
sole proprietorships are not allowed to have an exemption
any exempt business must be listed on the New York Stock Exchange

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