Benny dies without a will, with no surviving spouse or child. Benny's survivors include his granddaughter Callie, his nephew Doug, and his cousin Earl. In most states, his estate would pass to
A. Callie.
B. Doug.
C. Earl.
D. the state.
Answer: A
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Which of the following is not required in order to create an implied-in-fact contract?
A) The plaintiff having not provided the services gratuitously B) An opportunity by the defendant to reject the goods or services, followed by the defendant not rejecting the goods or service C) An expectation of payment by the plaintiff D) The plaintiff having provided property or services to the defendant E) An agreement between the parties on the amount of the payment
Define a speaker’s authentic connection.
What will be an ideal response?
Janice is an accountant in a public relations firm. She prepares financial reports upon request by the management of the firm and does not stick to a predetermined schedule. The reports that she prepares mainly help the internal stakeholders of the firm. Given this information, it can be said that Janice performs _____.
A. financial accounting B. managerial accounting C. governmental accounting D. forensic accounting
Another school of thought about the worldwide trend toward fuller and more standardized disclosure rules is that the cost of U.S. level equity capital disclosure:
A) chases away potential listers of equity. B) is an onerous costly burden. C) leads to fewer foreign firms cross listing in U.S. equity markets. D) all of the above