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Tema [17]
2 years ago
12

Beneficiary election for a taxable account is ___________________ at account opening and it is formally called _________________

_____.
Business
1 answer:
andre [41]2 years ago
7 0

Beneficiary election for a taxable account isn't automatic; at account opening and it is formally called Transfer on Death Instructions

Who is an eligible designated beneficiary?

Any of the following individuals are considered an eligible designated beneficiary (EDB): a surviving spouse, a disabled or chronically ill individual, a private who is not more than 10 years younger than the IRA owner, or a toddler of the IRA owner who has not reached the age of majority.

Who you ought to never name as your beneficiary?

Minors, disabled people and, in certain cases, your estate or spouse. Avoid leaving assets to minors outright. If you do, a court will appoint someone to seem after the funds, a cumbersome and sometimes expensive process.

What happens if no beneficiary is known as on bank account?

If a bank account has no joint owner or designated beneficiary, it'll likely have to go through probate. The account funds will then be distributed—after all creditors of the estate are paid off—according to the terms of the desire .

Learn more about beneficiary account :

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Mullin, InC., purchases supplies such as paper towels, soap, toilet paper, and seat covers directly from manufacturers and then
coldgirl [10]

Answer:

wholesaler

Explanation:

A wholesaler is part of the downstream supply chain. It operates by purchasing large amounts of certain goods and then reselling them to smaller retailers. Wholesalers act as intermediaries between small retailers that are unable to purchase large amounts from manufacturers, but still need to purchase them at a discount price. Generally, wholesalers do not sell directly to the general public, only to other smaller businesses.

7 0
2 years ago
The northern vision of the Reconstruction-era southern economy included all of the following EXCEPT:
IceJOKER [234]

Answer:

A. the labor system would be as close to slavery as possible, thereby assuring high productivity.

Explanation:

The Reconstruction - era of northern version was clearly impacted on Slavery.

As the main objective of such reconstruction was to remove slavery at maximum. And with the end of such reconstruction era there was an end to slavery.

Accordingly, new constitutional rights to people earlier under slavery were provided.

Now, therefore, statement a in the given instance which provides for close relation between labor system and slavery is incorrect.

Incorrect Statement is:

A. the labor system would be as close to slavery as possible, thereby assuring high productivity.

4 0
3 years ago
Which of the following is most likely to be a constraint to implementing your suggested solution?A. Sales reps who are unwilling
pentagon [3]

<u>Explanation</u>:

       i. Limited cash on hand to make changes

              It is apparent from the case that the company is experiencing a drop in the sales from the past 5 years and thus, the financial reserves will be a constraint in the accomplishment of the idea.

       ii. Costumers purchase lifestyle products from people who they know and who have expertise

It is the idea that the director of the company mark always encourages direct interaction with the clients and personal selling rather than retail or online sales considering personal relation makes exposure to the experts and their advice.

      iii. Meet with mark, your direct supervisor, about how to establish your credibility with the owner

Being a newbie to the company, it is a wise option to follow the instructions of the reporting authority to establish rapport with the owner of the organization.

      iv. Sales have declined because customers have lower disposable income

It is also evident from the case of the financial crisis and recession in going in the market due to which the customer has a lower income to make purchases.

       v. Suggesting techniques to help our sales reps become more trusted advisors

It is the time to perform a forward step by the sales reps to take the role of the advisors i.e. trusted ones for the customer in recommending the best of all.  

6 0
3 years ago
Beth has been searching for the right sunscreen lotion for her skin type. She tries a few brands, but none of them suit her sens
Mnenie [13.5K]

Answer:

organic word-of-mouth

Explanation:

Organic word-of-mouth refers to the situation in which a person turns into a promoter for a product providing information about it without any influence because he/she is satisfied with the product and wants to share it with other people. According to this and considering that Beth found the right sunscreen and she decided to tell all her close friends about how good the product is, this is an example of organic word-of-mouth.

8 0
3 years ago
Tori and Scott have applied for an $8,000 installment loan to pay for a new car. They are told that the loan is approved and the
maks197457 [2]

Answer: They have already signed the contract with the first deal and now the only option to them is to take the original deal since they have already signed the contract which means they now have a legal duty to that first dealer .

Explanation:

What is legal duty?

Legal duty is a legally binding obligation on a contract to follow the law when doing something towards the other part. Since they have signed it is legally binding that they now take the original deal or the first deal.

6 0
3 years ago
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