Myron had two children, Cheryl and Pete, who predeceased him. Cheryl had three children and Pete had one child. Myron had a will. Which of the following is true?
a. If Myron's will indicates that the issue are to inherit per stirpes, Pete's child will receive one half of Myron's estate.
b. If Myron's will indicates that the issue are to inherit per stirpes, Pete's child will receive one fourth of Myron's estate.
c. If Myron's will indicates that the issue are to inherit per capita, Pete's child will receive one half of Myron's estate.
d. If Myron's will indicates the issue are to inherit per capita, each of Cheryl's children will receive one sixth of Myron's estate.
a
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Which of the following statements about a just-in-time operating environment is true?
a. Simplicity and quality are good, but inventories and nonvalue-adding activities are not. b. Inventories are necessary to support the production function. c. Just-in-time is based on push-through production concepts. d. Just-in-time is based on the scientific management principles established by F.W. Taylor.
Conflict between marketing and R&D
a. should always be minimized. b. will lead to counterproductive relationships. c. is a sign of lack of respect. d. may reduce "groupthink". e. is inevitable.
Of the following three types of corporate bonds debentures, mortgage bonds, and subordinated debentures indicate the most secure and the least secure (in that order)
A) debentures, subordinated debentures B) mortgage bonds, subordinated debentures C) subordinated debentures, debentures D) mortgage bonds, debentures
Alex's Knot Shop prices its ties at $5 intervals from $10 to $25 because most customers find these prices appealing and easier to compare. This is
A. prestige pricing. B. value in use pricing. C. price lining. D. odd-even pricing. E. penetration pricing.