A trust that is created by the terms of the will is called a(n) ________ trust

Fill in the blank(s) with the appropriate word(s).


Answer: testamentary

Business

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Sampling techniques that do not use chance selection procedures and rely on the personal judgment of the researcher are called ________

A) probability sampling techniques B) nonprobability sampling techniques C) stratified sampling D) cluster sampling E) semantic differential sampling

Business

Spencer Company had overapplied factory overhead of $5,00 . last year. Which of the following statements is not true?

a. A higher level of production may have been achieved than budgeted for. b. The Work in Process account was overcharged for the costs of factory overhead incurred during the period. c. The actual factory overhead expenses may have been less than budgeted for the operating level achieved. d. Assuming the amount is not material enough to distort net income, Cost of Goods Sold should be increased by this amount.

Business

________ is a rule that limits a defendant's accountability to his or her equivalent degree of fault

A) Privity of contract B) Due diligence defense C) Proportionate liability D) Ultramares doctrine

Business

The case of Dunnam v. Burns held that usury statutes establish a maximum rate of interest for which a lender may charge a borrower

Indicate whether the statement is true or false

Business