Which of the following is not necessary to create an express trust?
a. valid trust purpose.
b. trust property.
c. beneficiary
d. successor trustee.
d
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Which of the following items does the auditor ask the client to send to its legal counsel requesting information about asserted claims?
a. A letter of audit inquiry. b. A management representation letter. c. A management letter. d. A loss reserve confirmation.
Brian is a police officer. He just turned 54 years old and is worried that he will be forced to retire next year when he turns 55. The Age Discrimination in Employment Act will protect him if his employer tries to force him to retire early
Indicate whether the statement is true or false
Discuss the differences and similarities between a life estate and a fee simple absolute
Tax reform legislation signed into law by President Trump in late 2017 included a new 21% excise tax on ________ for salaries over $1 million.
A. companies with overseas branches B. government employees C. small business employees D. nonprofit employers E. public company CEOs