If spouses open a bank account with right of survivorship and one spouse dies, the funds in the account:
A)
are immediately frozen until the will is probated.
B)
pass in total and immediately to the remaining spouse.
C)
pass immediately in a proportionate share to the surviving spouse.
D)
automatically assume the status "tenants in common."
B
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Indicate whether each of the following statements about outsourcing decisions is true or false.An outsourcing decision involves a purchase offer from a customer at a lower-than-normal selling price._____Outsourcing would increase a company's level of vertical integration._____To evaluate an outsourcing decision, a manager should compare the avoidable cost of making an item to the cost of buying it._____The decision to outsource a particular product is not affected by the amount of the product needed._____Reliability of the supplier is a critical issue in an outsourcing decision._____
What will be an ideal response?
What characteristic of an expatriate is generally correlated with expatriate success?
a) Previous overseas experience b) Personality c) Openness to new experiences d) Language ability.
Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal immigration status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes
after Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is a. fraud in the inducement; a real defense. b. fraud in the execution; a real defense. c. unauthorized completion; a personal defense. d. breach of contract; a real defense.
For the quarter just ended, Halston, Inc. reported the following variances in one of its manufacturing departments:Material price variance, UMaterial quantity variance, FLabor efficiency variance, FLabor rate variance, negligibleMachine hours efficiency, FThe sum of the favorable variances exceeded the unfavorable materials price variance by a considerable amount. The quality of the output from the department was the same as usual. Halston operates very close to a JIT system for materials purchases, with virtually all material acquired during the quarter being used in manufacturing activities.Required: Is there any connection among these variances? If so, explain.
What will be an ideal response?