The typical joint marital trust

a. will eliminate or reduce estate or inheritance taxes.
b. will eliminate or reduce probate fees.
c. violates the rule against perpetuities.
d. is also called a nuncupative trust.


b

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What does it mean to say that “symbols are culturally bound?”

What will be an ideal response?

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Investment pricing implies that you can set a price that delivers the rate of return demanded by senior management

Indicate whether the statement is true or false

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One example of the high cost of failure is ______.

a. the occasional comped meal b. trusting parents to supervise children in trampoline parks c. having guests create their own salad d. expecting guests to know how to work basic machinery

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Answer the following statement(s) true (T) or false (F)

1. Cultural diversity has been shown to have both positive and negative effects on work group effectiveness. 2. The success of globally dispersed teams is likely to be greater when management has fostered an organizational culture that supports flexibility over control and an external focus over an internal focus. 3. Work groups with high degrees of interpersonal interaction, such as teams, will be more susceptible to both the process losses and process gains produced by cultural differences among members. 4. Multicultural work groups often take longer to reach their potential than do homogeneous work groups.

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