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aliya0001 [1]
3 years ago
6

Dart created an irrevocable trust naming Larson as trustee. The trust provided that the trust income would be paid to Frost for

15 years, with the principal then reverting to Dart. Larson died after 10 years, Frost died after 20 years, and Dart died after 22 years. When does the trust terminate?a. After 10 years.b. After 15 years.c. After 20 years.d. After 22 years.e. Indefinitely.
Business
1 answer:
kolezko [41]3 years ago
8 0

Answer:

b.

Explanation:

Given that: Dart created an irrevocable trust naming Larson as trustee. The trust provided that the trust income would be paid to Frost for 15 years, with the principal then reverting to Dart. Larson died after 10 years, Frost died after 20 years, and Dart died after 22 years.

From the given information we can say that the trust will terminate in b. After 15 years

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Answer:

The options for this question are the following:

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A cash cow is a company or business unit in a mature, slow-growing industry. Milk cows have a large market share and require little investment. For example, Apple (NASDAQ: AAPL) is considered a cash cow because it has established a well-defined niche in wireless gadgets. The different Apple product lines generate cash for other business lines at the beginning of their life cycle. On the contrary, a star is a company or business unit that operates in a high-growth industry. Question marks are the problematic son of the BCG shared growth matrix. They operate in high-growth markets and require capital to grow, but the probability of success is unknown. Dogs do not require much cash, but due to age, they tend to absorb large portions of capital.

6 0
3 years ago
Why might an economist favor activist policies in developed countries and laissez-faire policies in developing countries
Maslowich

Answer:

One of the main economic issues in developing countries is rampant corruption or extremely inefficient government institutions. This means that less government intervention is always better in developing countries.

On the other hand, in developed countries, the checks and balances system exists within government institutions and even though corruption may exist, it is not as widely spread. The most severe economic problem in developed countries is inequality and huge economic actors. This is why activist policies may be necessary in developed countries, at least in certain economic sectors.

5 0
3 years ago
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Principal

Explanation:

4 0
3 years ago
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You will always want to make sure you leave your name. 

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3 years ago
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Answer:

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Explanation:

To answer the question, there is a need to look at the effect of the situation on the firm both in the short- run and the long-run

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Long Run Effect

However, in the long-run the company will begin to have issues even meeting other important costs such as the fixed costs associated with production and as such, the firm will need to exit the market in the long run. For instance the cost of long term loans (principal and interest) may not be covered by the net income of the firm.  

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