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Sliva [168]
3 years ago
10

The testator, a widower, had his attorney prepare a will according to the testator's instructions. The attorney mailed the will

to the testator. The testator signed the will in the presence of his father, and asked his father to sign the will as a witness, which his father did. The testator then showed the will to his adult son, told him that the signature on the will was his, and asked his son to sign the will as a witness as well. The testator's will devised $100,000 to his adult son, with the remainder of the testator's estate passing to his other two sons in equal shares. When the testator died, the will was offered for probate. The testator was survived by the father, the adult son, and the other two sons. As witnesses, the father and the son are asked to testify to the facts concerning the execution of the will. Should the testator's will be admitted to probate?
Answers:

A. Yes, because the father and the adult son both testified to the facts concerning the execution of the will.

B. No, because the father and the adult son did not sign the will in each other's presence.

C. Yes, because the will had the necessary two witnesses.

D. No, because the father and the adult son are also beneficiaries.
Business
1 answer:
Serjik [45]3 years ago
3 0

Answer: No, because the father and the adult son did not sign the will in each other's presence

Explanation:

The testator's will should not be admitted to probate because the father and the adult son did not sign the will in each other's presence.

A will requires a writing such that the testator will sign in the joint presence of two attesting witnesses. It should also be noted that both witnesses understand the importance of that act of the testator and then sign in each other's presence.

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A household-products manufacturing firm was required to examine its organizational architecture in order to survive in the marke
noname [10]

Answer:

decision rights, rewards, and evaluation systems.

Explanation:

The aspects the decision firm looked into looked are decision rights, rewards, and evaluation systems.

1. Decision rights:

The person who makes all the relevant decisions should have all informations available. People with relevant information should be made to take key decisions. This would increase the possibility of the organization being in the right

direction.

2. Rewarding: this is rewarding those individuals who make the right decisions. Employees who have decision making rights should be rewarded with incentives when they make the right decisions.

3. Evaluation systems: These should be put in place to check the performance of individuals and business units.

3 0
3 years ago
You are considering purchasing a new truck that will cost you $34,000. The dealer offers you 1.9% APR within monthly compounding
dmitriy555 [2]

Answer: $31,513.65

my monthly payment (principal) would be closest to $31,514

Explanation:

Using compound interest formula below to find the principal

A = p (1 + r/n)^nt

A= amount = $34,000

r = annual nominal rate = 1.9% = 0.019

n = number of compounding ; monthly compounding means 12 interest payments in a year

P= principal

t= time in years 48months = 48/12years = 4years

34,000 = p (1 + 0.019/12)^12(4)

34,000 = p (1 + 0.00158333333)^48

34,000 = p ( 1.00158333333)^48

34,000 = 1.07889755p

Divide both sides by 1.07889755

P = $31,513.6502

≈$31,514 to nearest whole number.

5 0
4 years ago
Many companies make sugar free soft drinks , which are flavored by synthetic chemicals the drinks usually contain only
Deffense [45]
<span>Many companies make sugar free soft drinks , which are flavored by synthetic chemicals the drinks usually contain only one or two calories per serving.</span>
4 0
3 years ago
ExxonMobil has historically had a very low debt-to-equity ratio within the oil industry, but it recently issued $12 billion in n
Galina-37 [17]

Answer:

The WACC before bond issuance is 3.9% and the WACC after bond issuance is 3.71%

Explanation:

In order to calculate the WACC before bond issuance , we would have to calculate first the cost of equity  using capital asset pricing model .

So Using CAPM we have Rf + Beta x Market risk premium

= 0.5% + 0.85 * 4%

= 3.9% . cost of equity

Therefore WACC before bond issuance = (Cost of equity x weight of equity + cost of debt (1-tax) x weight of debt)

= 3.9% . WACC before bond issuance will be equal to cost of equity in this case as there is no debt issue.

In order to calculate the WACC after bond issuance  we make the following calculation:

WACC after bond issuance = (Cost of equity x weight of equity + cost of debt (1-tax) x weight of debt)

= (3.9% x 0.9) + (2% x 0.1)

= 3.51% + 0.2%

= 3.71%

4 0
3 years ago
Read 2 more answers
Champagne, inc., had revenues of $12 million, cash operating expenses of $8 million, and depreciation and amortization of $1.5 m
Hoochie [10]

The free cash flow can be calculated as below:

Revenue 12000000

Less: Expense (8000000)

Less: Depreciation (1500000)

Earnings Before Tax 2500000

Less Tax (750000)

Earnings after tax 1750000

Add Depreciation 1500000

Total Cash Earnings 3250000

Less: Change in Working Capital (500000)

Less : Purchase of Asset (700000)

Free Cash Flow 2050000

Thus Free Cash Flow can be calculated as above.

4 0
4 years ago
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