Answer:
b.
Explanation:
Given that: Dart created an irrevocable trust naming Larson as trustee. The trust provided that the trust income would be paid to Frost for 15 years, with the principal then reverting to Dart. Larson died after 10 years, Frost died after 20 years, and Dart died after 22 years.
From the given information we can say that the trust will terminate in b. After 15 years
Answer:
Consider the following explanation.
Explanation:
1. True. It is generally seen in the automobile market. The purchased inventory serves as the collateral for the loan.
2. True. The higher capital provides support for the continued solvency of these comapanies.
3. False, The federal reserve has the right and authority to regulate finance companies.
4. This statement is true.
5. True. They also charge higher interest rates than banks for bearing the risk of poor credit of these borrowers.
True. When you borrow from a bank, you pay back the amount loaned PLUS interest.
The stock market is essential for companies because they can raise money for their operations. The stock market is important for investors because they can trade their stocks across different companies. The stock market allows both investors and companies to compare their options.
