The answer to the given question above would be the REMAINDERMAN. The interest that the stepson holds here is the third party fee simple ownership. The remainderman here refers to the stepson in which he is the one entitled to inherit the property left by the wife. Hope this helps.
Answer:
Explanation:
as the discount rate gets larger, the price of the bond will decrease. as the coupon rate increases, the bond price will increase. bond prices are calculated by taking the present value of the coupons and face value of bonds. If the coupons are larger, the present value of the coupons will also be larger.
Answer:
A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable by the creditor - Will be refinanced with stock.
Option A is the correct answer.
Explanation:
Generally, a short term liability is required to be paid by the company within a period of 1 year. Nevertheless, if the liability is callable the creditor, the company is not required to pay the liability within a year.
Thus, in this instance, a current liability can be detailed as a long term debt in the balance sheet.
Answer:
A) if it is deemed a necessary good
Explanation:
Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.
So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.
But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.
Your credit score is affected when you use money or open credit cards so the answer would be A
