Revocable trusts means

A) the transferor may not demand the assets be returned.
B) income or estate tax savings for the grantor.
C) the assets in the trust avoid probate.
D) the grantor is always the beneficiary.


C) the assets in the trust avoid probate.

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Which of the following is characteristic of the civil trial process as opposed to the criminal trial process?

a. The burden of proof required is preponderance of the evidence. b. The district attorney can make an accusation. c. The burden of proof required is beyond a reasonable doubt. d. A unanimous verdict is always required.

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Under which ethical system would it be ethical to compel a few citizens to undergo painful or fatal medical tests in order to develop cures for the rest of the world?

A) Utilitarianism B) Ethical fundamentalism C) Distributive justice D) Libertarianism

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Assume the average arrival rate at a service center is five customers per hour. Determine the probability of three customers arriving in any random hour.

A. 4% B. 5% C. 10% D. 14%

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A potential disadvantage of multisegment targeting is _____, which occurs when sales of a new product cut into sales of a firm's existing products.

A. cannibalization B. synergy C. positioning D. demarketing E. inelastic demand

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