1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ahat [919]
2 years ago
5

A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.

Business
1 answer:
olga2289 [7]2 years ago
5 0

In most states, a will is often referred to as a "last will and testament". So any trust or transfer at death that involves will is said to be testamentary (from the testament). Choice B is a living trust - which doesn't involve death. Choices C and D can be made while a person is alive.

The answer here is A, a testamentary trust.


You might be interested in
The employees of Carlofen, a cell phone manufacturer, raised a concern to their management about their poor pay and excess workl
a_sh-v [17]

Answer: Organization decline

Explanation: The organization inability to address the complain of its staff welfare and not being considerate with work load led to the resignation of her staff, this is known as organization decline. This affects the performance of the company especially when the company are not able to employ capable hands immediately after the resignation of it's employees for the main time, also the employees which are employed won't settle immediately for the job as it would take them time to understand their roles properly, all this factors would lead to organization decline.

5 0
2 years ago
Read 2 more answers
A company headquartered in the United States has operations in 27 countries. The company purchased a subsidiary to expand operat
Gala2k [10]

Answer: An internal audit is being performed.

Explanation:

Internal Audit is a department or entity that provides structures, corporate organizations, and procedures for persons inside an organization with unbiased, objective assessments.

According to the Chartered Institute of Internal Auditors, the role of internal audit is to provide objective assurance that an organization's risk management, governance and internal control processes are operating effectively.

7 0
2 years ago
A notice is published stating that RMO 5% convertible preferred stock will be called at $60 per share. The preferred is converti
dybincka [34]

Answer: d. A price near $60

Explanation:

The Preferred Stock was selling at $56 then a notice was circulated that RMO would be calling the stock at a price of $60.

This $60 is more than the current $56 and so this will need to reflect in the price of the stock. The adjustment will cause the Preferred stock to start trading near $60 as traders will seek to take advantage of the impending call by buying at a lower price and thus making a bit of profit when the stock is called at $60. The market will adjust to this because the Preferred stock will be perceived as undervalued. A price closer to the Call price will therefore become the new price to properly value the stock.

6 0
3 years ago
In which of the following situations would it be important for a successful, existing
Tamiku [17]
The business plan is the blueprint for your business. If you wanted to build a house, you wouldn't walk over to an empty lot and just start nailing boards together. Starting a business without a business plan is just as risky.

hope this helps :)

7 0
2 years ago
compare how goods and services are distributed and the freedom of consumers and producers in command economies and free market e
gulaghasi [49]

I cannot write the entire essay for you, but here are some differences:

Command Economy: production and prices are controlled by the government

In a free market, consumers' demand determine what is/should be made and how much to charge.

4 0
3 years ago
Other questions:
  • A union election was held by the NLRB at Jaxon Industries, and 130 workers cast votes in the election. How many votes in favor o
    6·1 answer
  • What are the biggest obstacles facing walmart and other foreign retailers in india?
    15·1 answer
  • After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
    6·1 answer
  • How could the federal reserve system help guard the u.s. economy against economic instability
    5·1 answer
  • "A registered representative who has passed the Series 63 examination wishes to sell managed accounts to customers in differing
    7·1 answer
  • What is something I can create or invent that hasn't been invented yet, that could make me a millionaire?
    9·1 answer
  • Capital refers to a person's assets<br> True or False
    5·1 answer
  • The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna Douglas C
    12·1 answer
  • During 2020, $890000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurre
    9·1 answer
  • Que presion ejerce el deposito sobre el piso?​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!