An individual who desires to make provisions that will be effective only on her death is said to have: _______
A) probationary intent.
B) a prejudicial interest.
C) testamentary intent.
D) attestation intent.
C
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_______ considerations are the variety of factors important for us to consider in any scenario in which we’re making a decision, conducting an evaluation, or making a selection.
a. Ethical b. Pragmatic c. Instrumental d. Relational
A company had a beginning balance in retained earnings of $408,000. It had net income of $54,000 and declared and paid cash dividends of $59,000 in the current period. The ending balance in retained earnings equals:
A. $354,000. B. $521,000. C. $413,000. D. $467,000. E. $403,000.
Beans Coffee & Cocoa Company makes and sells a chocolate-flavored coffee drink under the name "CoCoCafe." Darkroast Java, Inc, later markets a similar tasting drink under the name "KoKoKafe." This is most likely A) copyright infringement
B) patent infringement. C) trademark infringement. D) a theft of trade secrets.
Suppose someone offered you your choice of two equally risky annuities, each paying $5,000 per year for 5 years. One is an annuity due, while the other is a regular (or deferred) annuity
If you are a rational wealth maximizing investor, which annuity would you choose? A) The annuity due B) The deferred annuity C) Either one, because as the problem is set up, they have the same present value. D) Without information about the appropriate interest rate, we cannot find the value of the two annuities, hence we cannot tell which is better. E) The annuity due; however, if the payments on both were doubled to $10,000, the deferred annuity would be preferred.