Which of the following creates a revocable living trust?

A. Doctrine of cy pres
B. Express trust
C. Totten trust
D. Spendthrift trust


Answer: C

Business

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Low-context communication is generally seen in ______ cultures.

a. individualistic b. collectivistic c. dominant d. sub-cultures

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An individual moves through five stages before adopting a product, including awareness, notice, trial, testing, and feedback.

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

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In the context of product testing, beta testing is designed to ________.

A. give fake information to competitors about a new product B. clarify the basic operationalization of a product C. let engineers test a product's performance D. allow product specialists to check the quality of a product E. encourage customers to evaluate and provide feedback on a prototype

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LMN Insurance sells homeowners insurance. The LMN homeowners policy combines property and casualty insurance in the same contract. Insurance policies combining property and casualty coverage in the same contract are called

A) mono-line policies. B) multi-year policies. C) multiple-line policies. D) manuscript policies.

Business