Quick Market Inc. is a food supply company that wants to sell its products directly to consumers through mail order instead of going through supermarkets and other stores. However, supermarket chains want to make this transaction either illegal or more difficult for Quick Market. To accomplish this, they are using ________ to influence the political process.
A. interest rates
B. lobbying forces
C. demographic research
D. ecological factors
Answer: B
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A) exchange B) public C) consumer D) facilitating E) physical
Mr. Raynold writes a will placing his estate in a trust on his death. He names a local bank as the trustee to administer the trust and invest its assets
The trust provides that when his grandson reaches the age of 23, the trust will terminate, and he will be given legal title to the assets. Mr. Raynold dies when the grandson is 12 years old. At the age of 23, the grandson inherits the title to the assets. What kind of trust is created by Mr. Raynold in this scenario? A) an inter vivos trust B) a testamentary trust C) a constructive trust D) a resulting trust
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Fill in the blank(s) with the appropriate word(s).