The person who creates a trust is called a(n)______ while the person who makes a will is called an testator/testatrix
Fill in the blanks with correct word
settlor
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A truck that cost $12,000 and on which $9,000 of accumulated depreciation has been recorded was disposed of on January 1 . Assume that the truck was traded for a similar truck having a price of $13,000, that an $1,800 trade-in was allowed, and that the balance was paid in cash. The amount of the gain or loss recognized on this transaction would be
a. a $1,200 loss. b. a $1,200 gain. c. no gain recognized. d. no loss recognized.
What is the difference between training and employee development?
What will be an ideal response?
For each item shown below, classify it as a product cost or a period cost, by placing an X in the appropriate column. For each item that is a product cost, also indicate whether it is a direct cost or an indirect cost with respect to a unit of finished product. ?Product or period cost?Direct or indirect cost?Cost itemProductPeriodDirectIndirect Administrative salaries???? Direct labor???? Advertising???? Property tax on the factory???? Factory maintenance???? Direct materials???? Depreciation on factory equipment???? Interest expense???? Factory supplies????
What will be an ideal response?
Once a trademark becomes a(n) ________, the term loses its protection under federal trademark law.
A. unique term B. ubiquitous name C. obsequious term D. generic name