Ruth executes a will naming her nephew Stan as sole beneficiary. Two years later, Ruth executes another will, naming her niece Tammy as sole beneficiary. On Ruth's death
A) Stan and Tammy will share the estate in equal shares
B) Stan will be the sole heir.
C) Tammy will be the sole heir.
D) the estate will pass as if there were no will.
C
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Answer the following statement true (T) or false (F)
Wildboards Company introduces a product called a "Rollerboard" for which it is granted a
registered trademark. The Rollerboard is a snowboard with a removable row of wheels along the center of the underside. With the wheels attached, the user can attain extremely high speed in hard packed snow conditions. In addition, many users have found that they can use their snowboards on streets with the wheels attached. This new use of snowboards becomes very popular and many competing snowboard makers introduce similar products. The sport becomes known generally as rollerboarding and most people refer to all such wheeled snowboards as rollerboards. The consequence of this is that: A) Competitors must put a disclaimer on its boards that they are not the original Rollerboard. B) Wildboards can no longer use the name Rollerboard on its boards. C) Competitors must pay royalties to Wildboards for using the term "Rollerboard." D) Wildboards cannot stop competitors from using the term "rollerboard" for their products.
Which of the following statements is true about foreign bonds?
A. The interest rate on foreign bonds is adjusted annually for inflation. B. Foreign bonds are bonds sold in a foreign country and are denominated in the currency of the country in which the issue is sold. C. Foreign bonds are bonds sold by a foreign borrower but convertible to bonds issued in the foreign country. D. The term Eurodebt specifically applies to any foreign bonds denominated in U.S. dollars. E. The interest rate on foreign bonds is adjusted annually for exchange rate fluctuations.
Malicious insiders mean well but have the potential to cause considerable damage through their actions
a. True b. False Indicate whether the statement is true or false