The person specified in a will to receive a part of the estate is called a
A) beneficiary.
B) grantor.
C) trustee.
D) administrator.
Answer: A
You might also like to view...
When using the indirect method, how is the receipt of cash from the sale of long-term investments treated on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing or financing activity
When Delta increases its average fares, American Airlines and United often follow with similar increases. This is an example of
A. status quo pricing. B. customer orientation. C. competitor orientation. D. adding value.
The most hotly debated characteristic of welfare capitalism today is:
A. It is paternalistic in nature—treating employees as if they were children. B. It attempts to provide employees with voice through company dominated unions or employee representation groups. C. It created a division within labor between those who had "generous" employers and those that did not. D. the degree of control employees had over employer decisions.
A ________ is a name, term, symbol, design, or any combination of these that identifies and differentiates a firm's products.
Fill in the blank(s) with the appropriate word(s).