Answer:
Yes, the grantor pays the taxes on the income that comes from the trust. They have complete control of the trust. Money is then placed into the trust, the rate it accumulates at is taxable as income to mostly the trust.
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The equipment is normal good.
A normal good, often known as a required good, refers to the degree of demand for the product in relation to wage growth or contraction rather than the quality of the good itself.
The link between income and demand for a typical good is elastic. To put it another way, changes in income and demand are connected positively or move in the same direction. The amount by which the quantity desired for a good changes in response to a change in the income is measured as income elasticity of demand.
Therefore, the answer is normal goods.
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The instrument that Shawn must use is “payable to the order of” before the name of the payee.
<h3>Requirements of Negotiability </h3>
- The first of the four major considerations is whether or not a paper is negotiable, and it is one that nonlawyers must address.
- Auditors, retailers, and financial institutions frequently handle notes and checks and must make quick decisions about negotiability.
- In a negotiable instrument, the only permissible promise or direction is to pay a particular sum of money. Any other promise or command renders negotiability null and void
- This restriction exists to prohibit an instrument from having an uncertain value.
- If the bearer of a negotiable instrument had to examine whether a provision or condition had been met before the thing had any value, the utility of the object as a substitute for money would be severely diminished.
Hence, the instrument that Shawn must use is “payable to the order of” before the name of the payee.
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Answer:
Volume measure are good drivers for fixed overhead costs is the correct answer.
Explanation:
Volume measure is used in plant facilities and results when the level of activity is measured in machine hours and direct labor hours. It is different from the budget denominator entity which is used in determining the fixed overhead standard rate. If the denominator of hours exceeds the standard hours allowed then the variance is unfavorable and is favorable in the opposite case.
Answer:
E. product excellence
Explanation:
Product excellence is when you take into consideration the client's needs in order to create a customer-focused framework to develop a product that can create an impact.
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