All categories

3 years ago

Beneficiary is one who unintentionally gains a benefit from a contract between other parties

1 answer:

6 0

The answer is "incidental beneficiary".

An incidental beneficiary refers to somebody who indirectly acquires an advantage as the aftereffect of the fundamental reason for the trust. An incidental beneficiary is a recipient who isn't a planned recipient. For instance, a grandchild may profit by his/her parent accepting a blessing which could be utilized by the whole family, or which he/she may acquire from the parent.

You might be interested in

1.)In which stage of the marketing and sales process do potential customers become convinced that they want to purchase a produc

tankabanditka [31]

1) answer is c 2) answer is d 3) answer is b 5)answer is d

8 0

3 years ago

Read 2 more answers

Hewlett and Martin are partners. Hewlett's capital balance in the partnership is $61,000. and Martin's capital balance $58,000.

gizmo_the_mogwai [7]

Answer:

The bonus hat is granted to Hewlett and Martin equals is $2340

Explanation:

Solution

Given that:

Hewlett's capital balance = $61,000

Martin's capital balance = $58,000

The existing partners agrees ti accept black with =20% interest

Black invest the amount of =$35,600

Now,

The equity after admitting black or allowing black is given below:

$61,000 + $58,000 +$35,600 = $154,600

The share of black in equity is given as,

$154, 600 * 20% = $30,920

The Bonus that is present for Hewlett and Martin is = $35,600 - $30,920

=$4,680

Thus,

When shared equally it is = $2340 for both partners

5 0

3 years ago

McQuilkin and Copan adopt different positions toward capitalism and socialism. Which author is more favorable to free market cap

Nimfa-mama [501]

Answer:

Paul Copan

Explanation:

Dr. Robertson McQuilkin can be considered a very biblical man, and as such, would always favor socialism more than free market capitalism. His phrase "Capitalism is for freedom, socialism is for equality" and the fact that he believed in a strict following of the Bible, you make him a more socialist person.

Dr. Paul Copan is also a very religious man, but his views are less extreme than Dr. McQuilkin's. He is more pragmatic and argues in favor of religion from a more neutral or agnostic point of view. He even argues that religious beliefs and economics are not mutually exclusive.

8 0

3 years ago

why is government intervention often crucial when dealing with both positive and negative externalities?

Dennis_Churaev [7]

Answer:

Because the government can use her sovereign power to both mitigate negative externalities as well as encourage positive externalities.

Explanation:

A positive externality occurs when the transaction between a producer and end user benefits a third party that did not take art in the process.

A very Good example is Education. There is a third party benefit to the society when we have more educated citizens.

A negative externality happens when the business transaction between a manufacturer and consumer affects a third party adversely. a typical example is cigarettes. When cigarettes is consumed by the end user, the smoke can affect the health of a third party that was not part of the initial transaction.

To deal with both positive and negative externalities, government intervention is very crucial.

Government encourages positive externalities like education by subsidizing the cost of attending a school. They also enact laws that make basic education compulsory.

In the case of negative externalities, Government can intervene with a ban on producing harmful goods and also set a legislation about smoking in public laces to mitigate the health complications caused by third party inhalation.

6 0

3 years ago

Why is organizational culture so difficult to change? A. Because all culture is negative, indicating a high level of mistrust am

maksim [4K]

<span>Why is organizational culture so difficult to change? Because it is difficult to change a group's shared values, attitudes, and beliefs. Organizational culture is defined as the values and behaviors that make an organization a unique environment. It is hard to change the way an organization works because you can't just change values and beliefs that someone beliefs in. </span>

7 0

3 years ago

Read 2 more answers