Which of the following statements is true of the requirements for making a will?
A) A will need not be signed by the testator if it is created in the presence of witnesses.
B) A will need not be written to be considered valid only if it is a dying declaration.
C) A will cannot incorporate any other documents by reference.
D) The legal age for executing a will is set at 25 years across all states.
B
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The Fed eases policy when it
A. decreases both the money growth and the federal funds rate. B. decreases the money growth and increases the federal funds rate. C. increases both the money growth and the federal funds rate. D. increases the money growth and decreases the federal funds rate.
A purchase discount is the amount offered to the purchaser for delaying the payment to the seller
Indicate whether the statement is true or false
Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the lease will be $2,468. The first payment will be at the end of the current year and all subsequent payments will be made at year-ends. If the discount rate is 5%, the present value of the lease payments is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $12,528 B. $14,103 C. $11,050 D. $14,808
Which of the following is the most likely reason for most unions to insist on group-based performance measures with equal payouts to members?
A. It enables employees to learn new skills. B. It causes a leniency effect. C. It cuts down on strife and internal quarrels. D. It encourages individual differences.