Ralph creates a trust by his will for the benefit of Stella and her family to come into existence on Ralph's death. This is?
A) a constructive trust
B) a living trust.
C) a resulting trust.
D) a testamentary trust.
D
You might also like to view...
Explain the usage of e-mail in today's context compared against what it was originally designed to accomplish.
What will be an ideal response?
Before choosing which trade show to attend, a marketer should first consider which of the following?
A) location of the show B) type of press kit to create C) buying potential of attendees D) availability of sales personnel E) seasonal marketing needs
According to Heifetz, technical problems can only be solved by changing the system itself, while adaptive problems cannot be resolved without changing the nature of the social system within which they occur.
Answer the following statement true (T) or false (F)
A company that sells common stock and uses the money to pay off a loan is increasing its use of
financial leverage. Indicate whether the statement is true or false