A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as a(n

Answers

Answer 1

Answer:

inter vivos trust.

Explanation:

A trust under which property is transferred by a living trustor to a trustee with instructions for management of assets and for distribution of income, is known as an inter vivos trust. The main purpose of an inter vivos trust is to facilitate the naming of the beneficiaries of assets or property for transfer purposes while the owner is still alive in order to avoid probations.


Related Questions

On August 1 of the current​ year, Trevor Beck received for legal services to be performed evenly throughout the next six months. The adjusting entry on December 31 of the current year would include​ a:

Answers

Answer:

the question is missing the amount received by Trevor, but we can solve using a number that we choose:

For instance, lets say that Trevor received $6,000 for legal services to be performed during 6 months. The journal entry to record this would be:

August 1

Dr Cash 6,000

    Cr Unearned revenue 6,000

On December 31, the adjustment entry should be:

Dr Unearned revenue 5,000

    Cr Service revenue 5,000

Unearned revenue is a liability account because we received money but we owe the services, therefore, revenue will only be recognized as the legal services are performed.

George
b. smith, president of forecasters inc., reported that the correlation coefficient between investment in the textile industry and the average temperature in minnesota during january is -0.60. does the sign of the correlation make sense to you? explain your reasoning.

Answers

Answer: Yes, because negative correlation coefficient implies there is negative correlation between quantities.

Explanation:

Correlation is a term we use to define the strength and direction of relation ship between two variables.

Negative correlation coefficient means there is a negative correlation between the variables , that is if one increases the other decreases.

Here, variables are : " investment in the textile"  and "average temperature in Minnesota during January "

So -0.60 defines that there is negative correlation between the investment in the textile and the average temperature in Minnesota during January.

8. Which users could be targeted with Dynamic Remarketing to bring them back to a website? (select all that apply) Users who posted a favorable product review Users who viewed a website search result page Users who viewed product detail pages Users who abandoned their shopping carts

Answers

Answer:

- Users who viewed a website search result page

- Users who viewed product detail pages

- Users who abandoned their shopping carts

Explanation:

Remember, the ultimate aim of marketing is achieved only when the seller makes a sale to the user.

However, in all the above scenarios no sale was actually made, and so there's a need for dynamic remarketing in other achieve the sales objective.

Suppose that freedonia and lamponia agree to trade. each country focuses its resources on producing only the good in which it has a comparative advantage. the countries decide to exchange 12 million pounds of lemons for 12 million pounds of tea. this ratio of goods is known as the terms of trade between fredonia and lamponia.

Answers

Answer:

Fredonia and Lamponia

Exchange of 12 million pounds of lemons for 12 million pounds of tea:

The ratio of goods exchanged is known as the terms of trade between the two countries, because by exchanging 12 million pounds of lemons for 12 million pounds of tea, Fredonia and Lamponia have directly fixed the price of lemon to be equal to the price tea.

The exchange will merely be a trade by barter if the price of tea per pound is not the same price of lemons per pound.  But, by equating their prices and exchanging the same quantities, Fredonia and Lamponia have implicitly defined their terms of trade for lemon and tea respectively.

Explanation:

Generally, the trade terms between Fredonia and Lamponia represent the ratio of the export price of lemons and import price of tea. The ratio is calculated by dividing the price of the exports by the price of the imports and multiplying the result by 100.  In this implied situation, the ratio is 100% or 1 is to 1.

Derivative classifiers using "Multiple Sources" as the classification source must include a listing of the sources used with or on the document, hardcopy and softcopy, and/or electronic file (email).

a. True
b. False

Answers

Answer:

True

Explanation:

Derivative classification is the process of generating new pieces of information and document through the use of an already existing classified information and giving the new information a marking that is relevant to the primary source.

The derivative classifiers are responsible for maintaining the protection and integrity of classified information.

A derivative classifier using a multiple source as classification must include a listing of the sources used with or on the document to allow the holder of the user of the document to trace the source of the information . To aid this,providing the title , office of origin ,date of document ,may be relevant

Which of the following project management knowledge areas primarily involve generating, collecting, disseminating, and storing project information? a. Project time management b. Project communications management c. Project procurement management d. Project cost management

Answers

Answer:

Project communications management

Explanation:

Project communications management involves the processes that primarily involve timely planning, collecting, creating, distributing, storing, retrieving, managing, controlling and monitoring of project information. It is important for project managers to communicate the needs of a project to both team members and stakeholders. The effectiveness of communication with these diverse team members and stakeholders ultimately impacts the outcome of a project.

Project communication management involves the following three vital processes: Plan communication management, manage communications and control communications.

Objectives of Promotion

Answers

Answer:

Promotion refers to any type of marketing communication used to inform or persuade target audiences of the relative merits of a product, service, brand or issue. The aim of promotion is to increase awareness, create interest, generate sales or create brand loyalty.

Hope this helped you!

Explanation:

An army sergeant works as a trauma surgeon. Which two career clusters is he most likely a part of? the Energy cluster and the Education and Training cluster the Health Services cluster and the Energy cluster the Government and Public Administration cluster and the Health Services cluster the Education and Training cluster and the Government and Public Administration cluster

Answers

Answer:

guys the answer is b

Explanation:

if u study hard u will know the answer plus i just took the text hope this works.

The two career clusters is he most likely a part of are the health service cluster and the energy cluster Option(b) is correct.

What is the meaning of career clusters?

Career clusters are known to be as the group of the clusters which are having always similar or same feature when ever required at a particular time.

Career cluster example basically includes Food, Agriculture and resources for an army worker working as an trauma surgeon the health cluster and the energy cluster are always main part which are mostly and fully liked on accordingly and relatively.

Therefore Option(b) is correct.

Learn more about career clusters here:

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XYZ, Inc., has 5 million shares outstanding and will issue 1 million shares of new stock through an upcoming rights offering. Regarding the rights offering, a registered representative (RR) should know that A) XYZ will issue 1 million rights. B) the exercise price is generally lower than the current market price at issuance. C) the value of the right will generally increase after the ex-date. D) a shareholder will generally have two to three weeks to exercise the rights.

Answers

Answer:

B) the exercise price is generally lower than the current market price at issuance.

Explanation:

The exercise price refers to the price at which the stock will be sold through the rights offering. The rights offering takes place between existing stockholders and they are given the option to purchase a given amount of stocks, generally proportional to the stocks that they own before the new issuance. The market price of the stocks is the price at which the stocks are sold in open trading markets.

Which action best reflects the influence of John Maynard Keynes? O A. A business lobbies a government to reduce its overall tax burden. O B. A government gives jobs to workers during an economic recession. O c. A corporation relocates its operations to a country with a larger market. O D. A group of workers launches a protest to demand better working conditions​

Answers

Answer:

Which action best reflects the influence of John Maynard Keynes?

B. A government gives jobs to workers during an economic recession.

Explanation:

John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump.  He is known as the father of Keynesian Economics.

The action that reflects John Maynard Keynes' influence is that a government provides jobs to workers in the times of economic recession.

B. A government gives jobs to workers during an economic recession.

John Maynard Keynes

John Maynard Keynes was an English economist whose ideas radically altered macroeconomic theory and practice, as well as government economic policies.

Originally trained in mathematics, he expanded and refined previous research on the causes of business cycles. The economic cycle, according to Keynes, is driven by oscillations in the rate of investment caused by fluctuations in the Marginal Efficiency of Capital.

Find out more information about Keynes here:

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An investor wishes to save for her retirement. She arranges to have $250 per month withdrawn from her account to be invested into a commodity fund. This type of savings plan is called

Answers

Answer:

dollar cost averaging

Explanation:

Dollar cost averaging is a type of investment plan where the customer (investor) will contribute a specific amount of money every fixed period of time. In this case, our investor is investing $250 every month regardless of the price of the securities that she is investing in. Some months she will be able to buy more or fewer securities than other months.

The bike-sharing service ofo has 200 bicycles on Nasim’s college campus. He has a subscription to the service so he can simply check out a bike at one of the "boxes" painted on the concrete sidewalks on campus and return it to any box at a later time. The service encourages appropriate behavior with the bikes through a point system. Providing bikes at boxes on campus would constitute which element of the marketing mix for ofo?

Answers

Answer:

place

Explanation:

The 4 P's of marketing goods are:

productpriceplace (AKA location): refers to where our product will be sold, including what distribution channels will be used (wholesalers, retailers), internet, etc. promotion

A firm sells its product in outlets all around the country. Having an efficient supply chain is critical if the firm wishes to _______.

Answers

Answer:

Deliver Value

Explanation:

A firm sells its product in outlets all around the country. Having an efficient supply chain is critical if the firm wishes to _deliver value_.

The case of Max v. National Credit Co. is heard in a trial court. The case of O! Boy! Ice Cream Co. v. Pickled Peppers, Inc., is heard in an appellate court. The difference between a trial and an appellate court is whether

Answers

Answer:

Trial Court v. Appellate Court

The difference between a trial and an appellate court is whether:

the case has been heard before or not.

Explanation:

In a trial court, the lawyers of Max and National Credit Co. present evidence and legal arguments to persuade the judge in a bench trial.  This is so because this is the first trial of the case.  A trial court is a court of first instance, unlike an appellate court.

In an appellate court, the lawyers of O! Boy! Ice Cream Co. and Pickled Peppers, Inc. simply argue legal and policy issues before the judge or a group of judges.  The appellate court has the powers to finally decide the case, or refer it for retrial at the trial court, or even remand the case.

The unemployment rate: Multiple Choice is measured by the number of people who are unemployed divided by the labor force. is never zero. measures what percentage of our labor force is currently looking for a job and can't find one. All of these are true.

Answers

Answer:

All of these are true.

is measured by the number of people who are unemployed divided by the labor force. is never zero. measures what percentage of our labor force is currently looking for a job and can't find one.

Explanation:

The natural rate of unemployment, which is considered to be healthy and actually full employment level is around 4-5%. There will always be people looking for better jobs (fictional unemployment) or people that are not exactly for performing available jobs (structural unemployment). The only type of unemployment that is considered negative is cyclical unemployment which results from lower economic activity.

At the end of an accounting period, it is important to ensure proper inventory _____ to determine the ownership of goods in transit.

Answers

Answer:

Cutoff.

Explanation:

At the end of an accounting period, it is important to ensure proper inventory cutoff to determine the ownership of goods in transit.

In Financial accounting, the term cutoff refers to the process which ensures that business transactions and activities are recorded in the correct accounting period.

An inventory cutoff involves stopping or pausing shipments or receiving of supplies of goods, in order to enable proper accounting and count checks.

Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $2,500 at the end of each of the next four years and a lump sum receipt of $4,000 at the end of the fifth year. The total present value of these payments if interest is at 9% is:

Answers

Answer:

PV= $10,030.27

Explanation:

Giving the following information:

Cash flow= $2,500

Lump sum= $4,000

i= 9%

n= 5

First, we need to calculate the future value of the cash flows:

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {2,500*[(1.09^4) - 1]} / 0.09

FV= 11,432.82

Now, the total future value:

FV= 11,432.82 + 4,000= 15,432.82

Finally, the present value:

PV= FV/(1+i)^n

PV= 15,432.82/1.09^5

PV= $10,030.27

An OSHA inspector arrived at a hotel construction site for no apparent reason. He was turned away because he did not have a search warrant. He was attempting to provide which level of enforcement?

a. Imminent danger
b. Serious accident
c. Employee complaint
d. Target inspection
e. Random inspection

Answers

I think is b that what I think :-:-؛/:—؛

Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very familiar technologies; not all that complex; reasonably reliable; a short time schedule and the schedule visibility?

a. Waterfall
b. Parallel
c. Iterative
d. System prototyping
e. Throwaway prototyping

Answers

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of "Extreme Programming" refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

What is the theory of management that examines how to create an organizational structure and control system that results in an organization that is highly efficient and effective?

Answers

Answer:

Administrative

Explanation:

The theory of management that is being described is known as the Administrative management theory. This theory tries to come up with a rational way of designing an organization so that it works as a whole entity. Doing so allows for the organization to function at the highest efficiency and effectiveness levels, which overall brings lower costs and increased profits for the organization.

f interest rates are rising in an economy, what might the relationship be between savings and investment that is causing this to happen?

Answers

Answer: b) Investment demand had been greater than savings

Explanation:

Investment in the economy comes from savings by households also known as Loanable funds. If investment demand is higher than the savings supply this demand will pull the interest rate up due to a lack of loanable funds.

As the interest rates are pulled up, more people will be encouraged to save their money in other to benefit from the higher interest rates thereby increasing the loanable funds in the market.

Two physical things you can do to demonstrate you are paying attention to a speaker are _____ and _____. smile brightly stand instead of sit make eye contact face the speaker

Answers

Answer:

face the speaker

make eye contact

Explanation:

The two things that are required for demonstrating that you are attentive towards the speaker is the face the speaker and make eye contact so that the speaker could understand that you are listening to him or her also at the same time he gets motivated that people are listening to him or her

Therefore in the given case, two things are facing the speaker and eye contact and the same is to be considered

Answer:

a. make eye contact

d. face the speaker

Explanation:

Two physical things you can do to demonstrate you are paying attention to a speaker are _____ and _____.

You what to be respectful.

HOPE THIS HELPS!!!!

"Employees are paid $2,400 on every Friday for a five-day workweek. The accounting period ends on Wednesday, December 31. Adjusting for the salaries and benefits expense for the last three days of the accounting period would"

Answers

Answer and Explanation:

The computation of the adjusted amount of the last three days of the accounting period is shown below:

Since for five days work week, the total wages is $2,400

So per day it would be

= $2,400 ÷ 5 days

= $480

Now for 3 days, it would be

= $480 × 3 days

= $1,440

Now the adjusting entry is

Salaries and wages expense Dr $1,440

          To Salaries and wages payable $1,440

(Being the salaries are adjusted)

Work in process inventory increased by $20,000 during the current year. Cost of goods manufactured was $180,000. Total manufacturing costs incurred are

Answers

Answer:

$200,000

Explanation:

The work in process process inventory had an increase by $20,000 during the year

The cost of goods that were manufactured is $180,000

Therefore the total manufacturing costs incurred can be calculated as follows

= cost of goods sold that was sold + work in process inventory increase

= $180,000 + $20,000

= $200,000

Hence the total manufacturing costs that was incurred is $200,000

Put the following steps of the financial cycle in the correct order. I. Money flows to companies who use it to fund growth through new products. II. People invest and save their money. III. Money flows back to savers and investors. Group of answer choices

Answers

Answer:

II., I., III.

Explanation:

Well initially people tend to invest the money, and because of this investment businesses grow.

When people invest they buy equity or debt instruments in the company, directly or indirectly and then the company acquires these funds.

After that the company invests these funds in producing the products, making them reach the consumers.

Once consumers buy the products, the company generates the revenue.

When the revenue is generated the profits are distributed to equity holders, or investors and also in form of interest to debt instrument holders.

What is the strategy called whereby lenders limit the number of loans based on the racial makeup of a neighborhood?

Answers

Answer:

Redlining

Explanation:

Redlining is the strategy called whereby lenders limit the number of loans based on the racial makeup of a neighborhood

Redlining which can also be referred to as illegal discriminatory practice , it is been practiced by federal government agencies, local government whereby some kind of race or set of people are been denied loans by lender or issurers on the ground of racial basis.

Redlining is not limited to financial set up, other services such as health care also experience this

"The degree to which a customer’s experience with a product or organization meets or exceeds his or her expectations is often referred to as:"

Answers

Answer:

The right answer will be "Customer satisfaction".

Explanation:

Customer satisfaction demonstrates the satisfaction and happiness which individual derives from ever doing business with the government.  In several other phrases, it's about how pleased the consumers are towards their purchase as well as the organization's performance interaction. Customers benefit economically from some kind of product depends on how they easily satisfy their needs, in something like a straightforward way that keeps them faithful to something like the brand.

A safety equipment salesperson calling on a prospect for the first time should try to schedule an appointment with the focus of _____, a person who will listen to the salesperson and provide valuable information about the types of equipment that the company needs.

Answers

Answer:

receptivity

Explanation:

When dealing with business to business sales, a salesperson has to focus on contacting the right person in the company that will be open and interested on what he/she is offering and that has the knowledge and will be able to give information about the needs they have so the salesperson can offer what the right solution and provide value to them to have the opportunity to close a sale. According to this, the answer is that a safety equipment salesperson calling on a prospect for the first time should try to schedule an appointment with the focus of receptivity which refers to be willing to receive information that is what the salesperson needs from the prospect.

Tandem Company borrowed $32,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements?

Assets = Liab. + Equity Rev. − Exp. = Net Inc. Cash Flow
A. 32,000 = NA + 32,000 NA − NA = NA 32,000 FA
B. 32,000 = NA + 32,000 32,000 − NA = 32,000 32,000 FA
C. 32,000 = 32,000 + NA 32,000 − NA = NA 32,000 FA
D. 32,000 = 32,000 + NA 32,000 − NA = 32,000 32,000 OA

a. Option A
b. Option B
c. Option C
d. Option D

Answers

Answer:

Option D

Explanation:

When the company borrows by issuing shares the cash will be received of $32000 and this will ultimately increase the liability of notes payable with $32,000. There will be no effect on the income statement but cash inflow will be recorded for financing activities in Statement of cashflows, Therefore Option D is matching perfectly.  

A coffee distributor needs to mix a(n) House coffee blend that normally sells for $13.20 per pound with a Rift Valley coffee blend that normally sells for $14.40 per pound to create 60 pounds of a coffee that can sell for $13.96 per pound. How many pounds of each kind of coffee should they mix

Answers

Answer:

Quantity of House coffee blend = 22 pound

Quantity of Rift Valley coffee blend = 38 pound

Explanation:

Given:

Quantity of House coffee blend = x

Amount of  House coffee blend = $13.20 pound

Quantity of Rift Valley coffee blend = y

Amount of Rift Valley coffee blend = $14.40 pound

Total quantity = 60 pound

Sell price = $13.96 per pound

Find:

Quantity of House coffee blend

Quantity of Rift Valley coffee blend

Computation:

x + y = 60 ........Eq1

And,

13.20 x + 14.40 y = 13.96(60)

13.20 x + 14.40 y = 837.6.........Eq2

from Eq2 and Eq1

y = 38

and x = 60 - 38 = 22

Quantity of House coffee blend = 22 pound

Quantity of Rift Valley coffee blend = 38 pound

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