Who receives the trust res on the termination of a trust?
A) the heir
B) the trustor
C) the remainder beneficiary
D) the income beneficiary
C
You might also like to view...
____________________ and ____________________ are investing and financing activities that involve no cash flows, but represent a significant change in the company's financial position
Fill in the blank(s) with correct word
Caileen has a pattern of coming in late on Mondays. Each time this has happened, Caileen’s manager has gotten angrier and angrier. Finally, the manager has had enough and wants to dock Caileen’s pay for being tardy on so many Mondays. However, there is no evidence that Caileen has ever been told that coming in late on Mondays is a problem. The discipline of Caileen appears to violate which test of Just Cause?
A. Upon investigation, was there substantial evidence or proof that the employee was guilty as charged? B. Was the degree of discipline administered by the company in a particular case reasonably related to the seriousness of the employee’s proven offense and the record of the employee’s service with the company? C. Did the company give the employee forewarning or foreknowledge of the possible or probable disciplinary consequences of the employee’s conduct? D. Has the company applied its rules, orders, and penalties evenhandedly and without discrimination to all employees?
To create an enforceable contract, which of the following is(are) needed?
A) Agreement and consideration B) Agreement, consideration, and contractual capacity C) Agreement, consideration, contractual capacity, and a lawful objective D) Agreement
Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,995,000. Harding paid $560,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $592,000; Building, $1,760,000 and Equipment, $1,168,000. (Round percentages to two decimal places: ie .054 = 5%).What value will be recorded for the building?
A. $1,760,000 B. $235,000 C. $997,500 D. $280,000