Natasha, age 58, purchases an annuity for $40,000. Natasha will receive $400 per month for the rest of her life. The expected return multiple is 20.0. At age 65, the amount that Natasha may exclude from income is

A. $0.
B. $2,800.
C. $4,000.
D. $2,000.


Answer: D

Business

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Answer the following statements true (T) or false (F)

1. The corporation, according to the standards of conduct for multinational corporations, should attempt to impact the national balances of payment for developing nations. 2. Compliance to the standards of conduct for multinational corporations is voluntary. 3. Corporate governance is a principle included in most standards of conduct for multinational corporations. 4. A coalition of NGOs, "Publish What You Pay" is calling for the mandatory disclosure of wages paid to top executives. 5. Corruption is the abuse of entrusted power for private gain.

Business

Making counterfeit copies of Gucci purses, Tommy Hilfiger sportswear, and other international brands is pervasive in China because laws protecting intellectual property are unclear and sporadically enforced. Even when sanctions are applied, they are minimal, typically consisting of confiscation, a warning, a public apology, and perhaps a fine. Moreover, copying enjoys a long tradition in China that does not carry a stigma. A business introducing a product into China needs to know that its ________ may lead to trademark infringements.

A. utilitarianism B. societal culture and norms C. antecedent states D. moral idealism E. religious precepts

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A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of time and then walking off the job for an indefinite time. Thus, employees may work for a few days or only a few hours before walking off the job again. The employer claims the union does not have the legal right to engage in a partial strike. Which statement is correct?

a. The employer is correct. The union must either strike or work—it cannot alternate between working and striking. b. The employer is correct only if the union does not state the specific hours or days workers will be off the job. The law requires the union to provide the employer with at least seven days' notice of when workers will be off the job. c. The employer is not correct since the NLRA expressly states workers have a right to engage in a partial strike. d. Whether the employer is correct depends on state law.

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Which of the following is a situation in which ? (i.e., the greater-than-or-equal-to sign) must be used?

a. When a constraint represents the usage of available labor hours b. When a constraint indicates thatthe manager wants to produce at least the ordered amount for a certain product c. When a constraint indicates that the manager should not exceed the machine hours available d. All of the above

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