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Anna35 [415]
3 years ago
13

Which clause protects proceeds from creditors of the beneficiary?

Business
1 answer:
Inga [223]3 years ago
8 0
The answer is spendthrift clause. It is a trust that is produced for the benefit of a person that gives an independent trustee full authority to make decisions as to how the trust funds may be spent for the benefit of the beneficiary. Creditors of the beneficiary usually cannot reach the money in the trust, and the funds are not actually under the control of the beneficiary. Also,  it prevents the beneficiary's reckless spending of benefits.
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Which of the following is true about bonds?
nata0808 [166]

Answer:

B. The primary advantage to municipal bonds is that interest income received is not taxed by the federal government.

Explanation:

A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.

A municipal bond can be defined as a type of bond that is typically issued by a municipality, county, local government or state in order to finance or sponsor capital expenditures for the public such as water supply, construction of roads, etc.

Hence, the primary advantage to municipal bonds is that interest income received on this type of bond is not taxed by the federal government.

8 0
3 years ago
a tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its
sergeinik [125]

A tech company decides to pay dividends to shareholders out of its net earnings. this will decrease its

This program automatically uses a shareholder's dividends to acquire additional shares of a firm's outstanding or newly issued stock.

If a organisation pays inventory dividends, the dividends lessen the agency's retained earnings and boom the common stock account. stock dividends do not bring about asset changes to the balance sheet but as a substitute affect only the equity aspect with the aid of reallocating a part of the retained earnings to the commonplace inventory account.

Dividend- A dividend is the distribution of a organisation's income to its shareholders and is determined by means of the company's board of administrators. Dividends are frequently dispensed quarterly and can be paid out as cash or in the shape of reinvestment in additional stock.

The dividend yield is the dividend per proportion and is expressed as dividend/price as a percent of a organisation's proportion charge, along with 2.five%.

not unusual shareholders of dividend-paying corporations are eligible to obtain a distribution so long as they very own the stock earlier than the ex-dividend date.

Learn more about dividends here:-

brainly.com/question/2960815

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8 0
1 year ago
Read 2 more answers
Assume that the risk-free rate is 8 percent, the required rate of return on the market (or an average-risk stock) is 13 percent,
LenKa [72]

Answer:

22.7 %

Explanation:

We can solve two of the problems using Capital Asset Pricing Model (CAPM) which is as follows:

Ra= Rf + (Rm-Rf)*B

Where,

Ra= Rate of return on stock

Rm= Rate of return on market

Rf= Risk Free rate

B= Beta coefficient of stock

Now we can move for your problem

Prob1) Ra= .15, Rf= .08, Rm= .13, B= ?

.15=.08+(.13-.08)B

Therefore, beta Coefficient = 1.4              

Prob2: Ra= ?, Rf= .04, Rm= .15, B=1.7

= .04+(.15-.04)*1.7

Therefore, Ra=0.227 = 22.7 %

4 0
3 years ago
When is it acceptable under NASAA rules for an IAR to exercise discretionary authority over the account of an investor?
Fofino [41]

Answer:

B) If the IAR receives authority via telephone and this is followed by written authority within 10 days, the IAR may exercise discretion over the account.

Explanation:

The members of the North American Securities Administrators Association (NASAA) must follow their Model Rule which allows IAR the use of discretionary authority with verbal authorization (in this case a telephone call), but the verbal authorization must be confirmed by a written authorization within 10 days.

3 0
4 years ago
Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the contribution
Murrr4er [49]
Hey my bday @12 cashapp me @ $YannahMarie08
4 0
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