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VikaD [51]
3 years ago
8

Justin is an unlicensed person and he has been appointed a trustee of a special needs trust for his nephew. The trust will be fu

nded by the sale of the property of his brother. Justin lists and sells the property then puts the money into the trust. What best describes the situation?
Business
1 answer:
GrogVix [38]3 years ago
3 0

Answer:

Justin cannot take any money for selling the home .

Explanation:

One benefit of obtaining a license in this situation is that you are eligible to obtain compensation from the sales of a property on other people's behalf.

In the example above, Justin help the sales of the house before the money is being put into trust.

If Justin has a license, he probably could've obtained around 5% of the sales as compensation from selling the house. But since he doesn't have the licenses, he does not has the legal right to ask for a compensation unless the owner of the house make a written argument about it.

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David Blehert and his research team captured 117 healthy bats to study in the laboratory and divided them into four groups. Grou
Lelechka [254]

Answer: a) the type of exposure to Geomyces destructans; whether the bats became sick with WNS

Explanation: The independent variable refers to the variables employed by the experimenter to use as a tool to observe changes in the dependent variable. In an experimental study, the independent variables are usually the different controls adopted for the experiment. In the scenario above, the independent variable is the type of exposure to Geomyces destructans which each of the groups are exposed to. These variation in control in which the different groups are exposed to may result in different response within the group which is the change in WNS. These response due to exposure to different control is called the dependent variable.

6 0
3 years ago
Nancy is gathering information about different cars in order to decide which car she wants to buy. According to the elaboration
jolli1 [7]

Answer:

c. she is personally motivated to devote time and energy to the information.

Explanation:

central route is when you actively think about and weight information against what you already know; considering arguments carefully.

Nancy will be more likely to process this information through the central route if she is personally motivated to devote time and energy to the information.

8 0
3 years ago
Suppose you expect Longs Drug Stores to pay an annual dividend of $2 per share in the coming year and to trade $40 per share at
Gekata [30.6K]

Answer:

$39.62

Explanation:

Calculation to determine what is the most you would pay today for Longs' stock

Using this formula

P0=Div1+P1/1+rE

Let plug in the formula

P0=$2+$40/(1+.06)

P0=$42/1.06

P0=$39.62

Therefore the most you would pay today for Longs' stock is $39.62

5 0
3 years ago
The roles of money Larry just graduated from college and is now in the market for a new car. He has saved up $4,000 for a down p
Schach [20]

Answer and Explanation:=

Medium of exchange -  It is used to enable the sale and purchase between the parties. It represents the standard of value that is necessary to accept all the parties.

Larry writes a check for $4,000. It is a medium of exchange because it shows trade of goods between Larry and the car seller.

Unit of account - It gives permission to do the differentiation between two things.

Larry can easily differentiate the price of the super is more than the price of duper. It is unit of account because he knows the value of the super and duper.

Store of value - It is the value that can be saved and exchanged for a long time period.

Larry has saved checking amount is $4000. It  is store of value because it is saved amount.  

6 0
3 years ago
The stock of Cooper Corporation is​ 70% owned by Carole and​ 30% owned by​ Carole's brother, Chris. During​ 2017, Chris transfer
g100num [7]

Answer:

$0

Explanation:

Since 100% of Cooper Corporation's stock were owned by Carole and Chris (who are siblings), then no one can recognize any loss or gain from the contribution of property (nor the distribution of property). Under section 351, no gain or loss can be recognized for the contribution of property in exchange for stocks in a controlled corporation.

Since the contribution was made through a carryover basis transaction less than 5 years before the liquidation, the distribution is carried out in the same way.

6 0
3 years ago
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