A resulting trust depends on a contract or agreement as evidenced by the parties' acts

a. True
b. False
Indicate whether the statement is true or false


False

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Eurobonds

A) may be denominated in dollars or in the currency of another country. B) are always denominated in U.S. dollars. C) are always denominated in the foreign currency. D) may not be split so that part of it is denominated in one currency and the balance is in another.

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Consumers that have done some research to gather insurance information:

A) make the insurance market less efficient B) probably will get better subsequent information from insurance companies C) probably will just get "razzle-dazzle" from insurance companies D) probably wasted their time

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Rick chose the following fringe benefits under his employer's cafeteria plan. Which of his chosen benefits will be taxable?

A. medical insurance on his family B. group term life insurance coverage of $20,000 C. $150 cash per pay period D. dental insurance

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Which of the following is true of the FDA's role in the introduction of a new drug in the market?

A. The FDA bases its approval of a new drug on the rule of caveat emptor. B. The FDA limits itself to providing relevant suggestions to improve the drug. C. The FDA has the power to investigate the merits of a new drug. D. The FDA prosecutes producers of questionable medicines directly by the powers vested in it by the U.S. Department of Justice.

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