A trust created by a will to come into existence on the settlor's death is a living trust.

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


False

Business

You might also like to view...

After being assigned a research? project, you know your first task is to develop a problem statement. You need to do all of the following EXCEPT? ______________.

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

Business

Which of the following best describes the crisis situations involving BP in 2005 and 2006?

A) Stockholders became enraged by the illegal trading of BP's upper level managers. B) The public learned about the improper behavior in the personal lives of BP executives. C) The products developed by BP were marketed despite knowledge of their potential harm. D) Political candidates supported by BP failed to pass significant environmental restrictions. E) Customers realized that their perception of BP as environmentally responsible did not match reality.

Business

Dante enters into a contract with Rosalinda, who does not have contractual capacity. Dante can enforce the contract if Rosalinda

A. does not choose to avoid the contract. B. is a minor. C. can obtain the funds to pay for the benefits of the contract. D. is intoxicated or mentally incompetent.

Business

To keep the stress level low and avoid multiple chains of command issues, managers should adopt the matrix structure.

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

Business