Which of the following is not necessary for a will to be valid?

A) All heirs must agree to the terms of the will.
B) The will must be dated.
C) The will must be signed.
D) The person creating the will must be mentally competent at the time the will is written.


Answer: A

Business

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Both U.S. GAAP and IFRS do not require firms to recognize the fair value of employee stock options in the accounting records

Indicate whether the statement is true or false

Business

Government policies that can make it more attractive for foreign companies to locate operations abroad include all of the following except

A. low-cost loans. B. reduced tariffs, quotas, and percentages of local content required in production of products and services. C. tax incentives. D. site development assistance. E. stringent environmental compliance regulations.

Business

Here's a portion of the sensitivity analysis for the constraints. Which of these statements is best?

Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $E$10 Bar/Food 0 1560 0 5 16 $E$11 Budget 150000 3.4 150000 1E+30 96200 $E$6 Excursions 24.24 0 5 19.24 1E+30 $E$7 Restaurant 12 -1660 12 16 5 A) If the budget rises to $150,001, then the optimal mix will result in an increased revenue of $3.40. B) If the excursions rise to 6, then the optimal mix will result in increased revenue of $19.24. C) If the restaurant constraint increased to 13, the optimal mix will result in increased revenues of $1,660. D) If the bar/food constraint rises to 1560, then the revenue will rise by a factor of 16.

Business

Which is correct?

a. I bought a 5-pound bag of gourmet coffee. b. I bought a five-pound bag of gourmet coffee. c. I bought a 5-lb bag of gourmet coffee.

Business