Answer: D. The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.
Explanation:
General Power of Appointment Trust (GPOA) refers to a power of appointment which is a legally binding provision that's contained in a trust such that the beneficiary possess the authority to alter the beneficiaries of the trust.
In this case, Paul's wife possess the power of appointment to anyone on her behalf. Therefore, The GPOA Trust automatically qualifies for the unlimited marital deduction because Paul's wife has a general power of appointment over the trust's assets.
You develop your labor (human capital)
Due to scarcity, choices must be made. Every choice has a opportunity cost
Everyone's goal is to make choices that maximize their satisfaction. Everyone acts in their own "self-interest"
Everyone makes decisions by comparing the marginal costs and marginal benefits of every choice.
You found it to be scarce that you were offered $3.00 dollars more than the first offer.
Answer: sightseeing
Explanation:
Opportunity costs represent to the potential benefits that an economic entity misses out on when another alternative is chosen over another.
In this case, due to the increase in the price of the plane ticket, Mikael decides to give up visiting the popular Ouro Preto during his stay in Brazil even though it was earlier planned. Therefore, it can be infered that sightseeing is the opportunity cost as that is what he forgoes in order to choose a different alternative.
Answer: Specialty product
Explanation: The type of consumer product he wishes to buy is best classified as a specialty product. While a product is defined as everything, both favorable and unfavorable, that a person receives in an exchange which can be tangible, intangible, a service, an idea, or a combination of these things, specialty products are products that are searched for extensively, and for which substitutes are not acceptable, may be quite expensive, and often limited in distribution.
Answer:
d large corporations will take over
Explanation:
As a result of globalization, Multinational corporations are expanding to many counties. The more they grow, the more influential they become. Multinationals are not limiting their activities to commerce. They are funding politicians, thereby influencing political decisions.
Some Multinational corporations practice of unfair work ethics. They subject employees to poor working conditions and low wages. The corporations exploit tax laws in some countries to evade taxation.
