Ademption applies when an heir predeceases the testator
Indicate whether the statement is true or false
False
You might also like to view...
Use the following information to answer the question below. When Langston Corporation was formed on January 1, 20x5, the corporate charter provided for 50,000 shares of $20 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1. The corporation issued 200 shares of stock to its lawyer in full payment of the $5,000
bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2. The company issued 8,000 shares of stock at a price of $25 per share. 3. The company issued 8,000 shares of stock in exchange for equipment that had a fair market value of $160,000. The entry to record transaction 3 is: A) Equipment 160,000 Common Stock 160,000 B) Common Stock 160,000 Equipment 160,000 C) Additional Paid-in Capital 35,000 Equipment 125,000Common Stock 160,000 D) Cash 160,000 Equipment 160,000
Frequent shopper programs and customer and vendor analysis are made possible through _____
a. data-base management b. data mining c. electronic data interchange d. data warehousing
Which of the following laws would NOT be within the jurisdiction of a provincial government? A law
A) regulating overtime work B) requiring grade 12 math for high school graduation C) requiring seniors who make more than $80,000 to pay for their own drugs D)creating toll roads on major highways in the province E) All of these laws are within provincial jurisdiction .
A conflict management strategy that results in satisficing but not optimizing solutions is
A. collaboration. B. accommodation. C. respect. D. competing. E. compromise.