A distribution of an estate in which grandchildren and great-grandchildren of the deceased inherit by representation of their parent is known as a(n) ________
A) abatement
B) per stirpes distribution
C) per capita distribution
D) ademption
B
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Which of the following is true of minors' ability to disaffirm?
A. Minors may disaffirm before reaching majority if their contracts involve title to real estate. B. Minors may disaffirm their contracts at any time during their minority. C. Minors may disaffirm by doing anything that clearly indicates to the other party an intent to be bound by the terms of the contract. D. Minors may disaffirm their contract for a reasonable time before attaining majority.
Research on transformational leadership ______.
A. is no longer being conducted B. is relatively sparse in modern times C. is prolific in modern times D. dates back to 1930
Balance sheet and income statement data indicate the following: Bonds payable, 10% (issued 1988 due 2012 ) $1,000,000 Preferred 5% stock, $100 par (no change during year) 300,000 Common stock, $50 par (no change during year) 2,000,000 Income before income tax for year 350,000 Income tax for year 80,000 Common dividends paid 50,000 Preferred dividends paid 15,000 Based on the data presented above,
what is the number of times bond interest charges were earned (round to one decimal point)? A) 3.7 B) 4.4 C) 4.5 D) 3.5
The need-satisfaction approach more closely fulfills the retailing concept than the canned sales presentation
Indicate whether the statement is true or false