A will has legal impact after you have passes away and has to be filed with the court.
A living will is similar to a regular will be takes effect while you are still alive to figure out where your assets should be placed.
A trust is an agreement that allows a third party to hold the assets on behalf of a beneficiary.
A prenuptial agreement is an agreement made before a marriage that explains what should happen to their assets in the event their marriage does not last. This is common in famous people due to the amount of money they have.
Answer:
B
Explanation:
The Internal Rate of Return (IRR) is the profitability or the ability to generate revenues of the money that remains invested during the life of a proyect. It is also known as the discount rate or cost rate that makes the Net Present Value (NPV) equal to cero. When the NPV is greater than cero, then the proyect creates value ( it is attractive to investors) if it is less than cero, then the proyect destroys value and investors are going to loose money. If the NPV is equal to cero, then investors recover their investment but they do not obtain gains nor losses. The minimum rate of return is the one in which at least investors obtain the same amount ( in present value) of their investment; that is the internal rate of return (IRR).
Answer:
The correct answer is C
Explanation:
Demand for business products is referred to as the derived demand, which means that the firm or business bought the products to be used while producing the products of customer.
And a small decrease or increase in the demand of the consumer could produce the larger change in the demand for the manufacturing equipment and facilities required to make the product for consumer.
So, the needs of the customer states that the demand for the business product is derived.
The economy is about "the production, distribution, and consumption of goods and services" also along with money.
The key components of the economy are:
- Production.
- Distribution
- Consumption.
These three elements drive the flow of money within an economy. Let's see:
- The goods are produced as per the needs and demands of the people where people work to earn wages, salaries, profit, etc.
- This stage is followed by <u>the distribution of these goods across different regions</u> and areas.
- Lastly, these goods are purchased by their final users for consumption and their income earned from firms return to them again(circular flow of income).
Therefore, <u>option B</u> states a true claim about the elements of an economy.
Learn more about 'Economy' here: brainly.com/question/2421251
