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lesantik [10]
3 years ago
7

Which of the following statements are true for both gratuitous and testamentary transfers?

Business
1 answer:
kherson [118]3 years ago
4 0

Answer: D. A charitable and marital deduction is allowed in computing the taxable transfers.

Explanation:

A gratuitous transfer is when a property is being given as a gift from a donor while testamentary transfer has to do with the transfer of a property to an individual based on the specification in a will.

The thing true to them is that a charitable and marital deduction is allowed in computing the taxable transfers.

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What will happen to the market value of a bond if interest rates decrease?
enot [183]

Answer:

b. The market value will increase

Explanation:

In the case when the rate of the interest decrease so the market value of the bond would be increased. As the market value of the bond and the rate of interest has an inverse relationship between them. In the case when the rate of interest increased than the market value of the bond decreased and vice versa

Therefore option b is correct

8 0
3 years ago
The minimum level of education required for a roofer is: Master’s degree Bachelor’s degree Associates degree No formal education
valkas [14]

Answer:

No formal education required

Explanation:

In many countries, the roofer works with a license. But to be a roofer, you don't need any formal education.

The training is done on the spot, the beginner is learning from other experienced roofers. To qualify for the job of a roofer, a person has to be at least 18 years old, to have a high school diploma and be physically able.

7 0
3 years ago
Read 2 more answers
On a per unit basis, economic profit can be determined as the difference between:
DedPeter [7]
<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>
6 0
3 years ago
When a nation removes a tariff on a product, this policy action rev: 06_20_2018 Multiple Choice benefits domestic producers of t
Ray Of Light [21]

Answer:

benefits consumers of the product.

Explanation:

Import tariffs are generally  put in place to protect domestic producers from foreign producers. Tariffs benefit domestic producers but hurt consumers since they are forced to pay higher prices.

When the import tariffs are withdrawn, the domestic price of the goods should decrease, benefiting consumers.

4 0
3 years ago
The College Bookstore sells a unique calculator to college students. The demand for this calculator has a normal distribution wi
ale4655 [162]

Answer:

A) 200 units

Explanation:

mean daily demand = 20 calculators

standard deviation = 4 calculators

lead time = 9 days

z-critical value (for 95% in-stock probability) = 1.96

normal consumption during lead-time:

= mean demand × lead time

= 20 × 9

= 180 calculators

safety stock = z × SD × √L

                    = 1.96 × 4 × √9

                    = 1.96 × 4 × 3

                    = 23.52 calculators

reorder point = normal consumption + safety stock

                       = 180 + 23.52

                       = 203.52 calculators

3 0
3 years ago
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