Mr. Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death. The doctors say that Mr. Jacob will live for about six months

A day after the will is written, Silvia wishes to transfer her expected inheritance to her son, Jacob Jr. This assignment will be ________.
A) valid
B) conditionally valid
C) invalid
D) re-assignable by Jacob Jr.


C

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The message is transmitted through a ________ or medium to the receiver.

Fill in the blank(s) with the appropriate word(s).

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

An argument in favor of unregulated markets is that because of private opportunities to contract for information, market intervention in the form of mandatory disclosure rules is both unnecessary and undesirable.

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The international division is a division in the organization that is responsible for all nonhome country activities and reports to the domestic division.

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

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An investment carries an interest rate of 8% compounded annually. When using the time value of money functions of a financial calculator, the interest rate is entered as 8, whereas it is entered as 0.08 when using a spreadsheet to make the time value of money calculations.

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

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