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saveliy_v [14]
2 years ago
11

9.3.2 Quiz: Estate Planning

Business
1 answer:
Mkey [24]2 years ago
7 0

The parents might set up  a trust for a child because they want to enure an honest executor is chosen. Thus, the correct answer is B.

<h3>What is trust?</h3>

Trust is refer as association to be formed, to take care of all the wealth and property of an individual. This trust will take care of the property until the new responsibility holder arrives.

Parents set up trust for their children to protect their future, as they do not make their presence all the time. This trust provide financial security to the child if the parents are created trust.

Most parents want the benefits of their time and investment to be passed on to future generations, and setting up a trust is a secure way to ensure that your wishes are honoured when you die away.

Therefore, option B to ensure an honest executor is selected is the appropriate answer.

Learn more about Trust, here:

brainly.com/question/17585356

#SPJ1

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What is potentially problematic about an advertisement with this message?:
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Answer:

D

Explanation:

To make more sales you need to have a shorter advertisement. Usually long walls of text aren't appealing to the eye so you'll skip pass it.

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Kacey purchases custom windows from Custom Windows, Inc., and wants to ensure that the goods are shipped by common carrier and t
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Answer:

A. Destination Contract

Explanation:

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The agreement is based on the knowledge that it is the responsibility of the seller to get his goods to the buyer and until that is done, any risk such as loss of goods or destruction of goods are to be paid for by the seller.  

A destination contract should be therefore specified by Custom Windows Inc which indicates that any form of loss or risk that might occur before the goods get to Kacey will be borne by the company.

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3 years ago
The U.S. fiduciary monetary system: a. is one where money is not convertible to a valuable commodity such as gold. b. is the one
Minchanka [31]

The U.S. fiduciary monetary system is one where money is not convertible to a valuable commodity such as gold.

Option a

<u>Explanation: </u>

In fiduciary monetary system, the money is issued by the government and the value of the money depends uniquely on faith of the public that the currency represents command over services and goods.  The word fiducia is from Latin and it means trust or confidence.

Fiduciary money includes demand deposits of banks namely checking accounts. Fiduciary money is accepted depending on the trust its issuer commands.

The fiduciary currency is supplied in the economy by Fed. Fiduciary money can be classified into two categories namely,

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3 years ago
Number line shows the best estimation for the sum of 3,282 and 5,964?
BARSIC [14]
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3 years ago
AAA Manufacturing​ Inc, makes a product with the following costs per​ unit: Direct materials $150 Direct labor $90 Manufacturing
Ivenika [448]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct materials $150

Direct labor $90

Manufacturing overhead​ (variable) $60

Manufacturing overhead​ (fixed) $120

<u>The absorption costing metho</u>d includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

<u>The variable costing method i</u>ncorporates all variable production costs (direct material, direct labor, and variable overhead).

Variable costing:

Unitary production cost= 150 + 90 + 60= $300

Absorption costing:

Unitary production cost= 300 + 120= $420

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3 years ago
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