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Tju [1.3M]
3 years ago
12

Two brothers wish to open an account to trade stocks, with one brother depositing $100,000, and the other brother depositing $20

0,000. When opening the account, the brothers specify that they want their respective interests to go to their beneficiaries if they should die. The account should be opened as a(n) ________.A. Individual account in the name of the larger contributor, with the trading authorization granted to the smaller
B. Joint account with rights of survivorship
C. Joint account with tenancy in common
D. Partnership account requiring a signed copy of the partnership agreement
Business
1 answer:
Lostsunrise [7]3 years ago
4 0

Answer:

The account should be opened as a Joint account with tenancy in common. Option C.

Explanation: This type of account is one that is owned by at least two people and in which there is no rights of survivorship.

In this type of account, the members do not want their investments to go to other members of the joint account upon their death, but they specify in a will how the investment will be distributed to their beneficiaries.

Joint account with tenancy in common can hold an unequal amount of investment among members, but they still have equal rights to the account.

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Why is it important for insurance companies to have a large pool of people paying premiums?
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Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

7 0
2 years ago
Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time
g100num [7]

Answer:

"Persuasive"  "reminder"

Explanation:

Campbell's Soup Company ran a series of radio ads tied to local weather forecasts. Before an impending storm the ads said, "Time to stock up on Campbell's Soup." During the storm the ads said, "Stay home and stay warm with Campbell's Soup." The first ad was persuasive advertising, while the second ad was reminder advertising.

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3 years ago
Which of the following is not one of the principles of corporate public relations that a company should follow
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Answer:

C. To ensure secrecy and security regarding the company's actions

Explanation:

Ensuring secrecy and security regarding the company's actions is not one of the principles of corporate public relations that a company should follow.

3 0
3 years ago
Do i have to credit a fact if it doesn't involve numbers
bazaltina [42]
Yes you have to credit a fact if it doesn't involve numbers
7 0
3 years ago
You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired
inn [45]

Answer:

The answer to this question is b. Yours will be positive and your roommate's would be negative.

Explanation:

Income elasticity of demand is the degree of responsiveness of demand to changes in income. In other words, it measures how changes in income of consumers will affect the quantity of commodities demanded by such consumers.

An income elasticity of demand can be positive or negative.

It is positive, when an increase in income leads to an increase in the quantity demanded by the customer. However it is referred to as negative when an increase in income leads to decrease in the quantity demanded by the consumer.    

In  the question above, it can be seen that the increase in income of the first person brought about increase in the commodity demanded thereby making his income elasticity of demand positive. one the other hand, the increase in the income of his roommate, brought about decrease in his demand which translate to the fact that his income elasticity of demand would be negative.

Hence the answer given.

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3 years ago
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