The trustee must take all the actions like care for the assets to notifies the trustee that a borrower.
The first and most important of a Trustee's obligations is to maintain, manage, and care for the assets of the belief for the sole advantage of the beneficiaries of the consideration under the terms of the agreement with the tool.
The trustee has the right to be reimbursed for the expenses incurred by way of him for the reason of the agree with, like costs incurred for the execution of the trust, for the protection of the acceptance as true with property, for the protection or support of the beneficiary, and so forth.
The trustee can't grant legitimate and reasonable requests from one beneficiary in a well-timed way and deny or postpone granting legitimate and reasonable requests from some other beneficiary certainly due to the fact the trustee does now not particularly take care of that beneficiary. invest agree with property in a conservative way.
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Answer: c) closing entries
Explanation:
An Accounting worksheet is simply used to be able to draft accounting information and make reports from them. As such you will find them with adjusting entries, unadjusted trial balance and the drawing account.
Closing entries are used to close out the books at then end of an accounting period and so will not appear on an accounting worksheet.
<u>Noncumulative voting</u><u> is a system in which each </u><u>shareholder </u><u>votes the number of shares he or she owns on candidates for each of the positions open.</u>
What is statutory voting?
- A procedure for choosing a corporation's board of directors.
- With this procedure, each shareholder is given one vote, which they can use to choose one of the directorships.
What is a shareholder quorum ?
the bare minimum of shareholders or directors necessary for action to be taken. Proxy.
What type of voting is it when the total number of votes is the maximum that may be voted for each available seat on the board?
- A voting system known as cumulative voting aids in enhancing the power of minority shareholders to choose directors.
- When the company has multiple openings on its board, this method enables shareholders to cast all of their votes for a single candidate.
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Critics post ratings of products and service and contribute to an edited article in wikis.
The product can be a service or an item. It can be physical or in virtual or cyber form. Each one product is made at a cost and each is sold at a price.
Answer:
Private universities
Explanation:
Private universities is the post-secondary education options which operates as an educational nonprofit organization who receives funding through tuition, donations and endowments. The Public Universities are mainly funded by state government, Vocational/Trade Schools are schools which focus on specific topics or careers and Community College are schools which issue 2 years degree which options to transfer to Public or private university.
Private universities mainly operate as a non-profit organisation but one who revenues for operation majorly from tuition fee.
