Which of the following is NOT required to create a valid trust?

A) Legal age and sound mind of the grantor
B) Witnesses
C) A beneficiary(ies)
D) Property transferred to the trust


B

Business

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What strategy did the Environmental Defense Fund and the Natural Resources Defense Council primarily use to combat environmental degradation?

a. lobbying b. citizen mobilization c. legal challenges d. financing politicians

Business

Accrued salaries of $600 owed to employees for December 29, 30, and 31 are not taken into consideration in preparing the financial statements for the year ended December 31 . Indicate which items will be erroneously stated, because of the error, on (a)

the income statement for the year and (b) the balance sheet as of December 31 . Also indicate whether the items in error will be overstated or understated.

Business

Delores's Restaurante borrows $100,000 at 6 percent interest from El Credito y Dinero Company and signs a promissory note for that amount. El Credito changes the amount of the note to $120,000 and increases the rate to 8 percent. Delores's best defense against payment on the note is

A. breach of warranty. B. failure of consideration. C. material alteration. D. nondelivery of an instrument.

Business

Describe House's path-goal theory, including leader behaviors and contingency factors. Describe and discuss at least one situation that shows how this model works.

What will be an ideal response?

Business