Which of these actions is applicable under the Uniform Gifts to Minors Act?
A. Gifts of registered securities can be made by merely delivering the securities to a bank trustee.
B. Adults can make a gift of money to minors by depositing the money with a bank in an account in the donor's name.
C. Adults are prohibited from making gifts of unregistered securities to minors.
D. Gifts of unregistered securities can be made by registering the securities in the name of another adult.
Answer: B
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Which of the following statements is true of the duty of cooperation?
A) It requires that a principal do nothing to interfere with an agent's conduct while the agent is discharging the duties agreed upon in the contract. B) It requires that a principal draw up a written agreement designating an individual as the agent and enumerate the duties that the agent is expected to perform. C) It mandates that the agent's fee be agreed upon before the agent starts discharging his or her duties. D) It mandates that a principal compensate an agent for all the expenses that arise when the agent is acting on behalf of the principal.
Which of the following does NOTÂ act as a revocation of a will?
A. creating a codicil B. the testator putting an X through it C. physically destroying the will by intentionally shredding it D. signing a new will that expressly revokes prior wills
It is very important for testers to get permission before running a password cracking program on their company's computers to check for weak passwords even if such testing is in their job definitions
Indicate whether the statement is true or false.
To approximate a discrete distribution that has many different outcomes useful in most applied business and economic problems, we are, in fact, using the:
A) Poisson distribution. B) normal distribution. C) Hypergeometric distribution. D) marginal distribution.