Which of the following is an example of an advance directive?

A. Intestacy
B. Living will
C. Escheat
D. Codicil


Answer: B

Business

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Which of the following is true of an LLC (limited liability company)?

A) An LLC is a creature of federal law. B) An LLC is regarded a separate legal entity. C) An LLC cannot hold title to property. D) The owners of an LLC are called general partners or specific partners.

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The optimal Economic Order Quantity (EOQ) minimizes the sum of ordering and purchasing costs

Indicate whether the statement is true or false

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Laws passed by Congress are called ____________________

Fill in the blank(s) with correct word

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________ placement of securities restricts the ability to resell the securities, thus investors often require ________ interest rates on bonds issued in this manner

A) Private; lower B) Private; higher C) Public; higher D) Public; identical

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