A trust specified in the will and taking effect at death is known as an inter vivos trust
Indicate whether the statement is true or false.
FALSE
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What was the first step of experimentation that the founder of Amazon began using the process to assess online business opportunities?
a. He asked questions about shopping behavior and mail order shopping. b. He browsed the Internet for online shopping sites. c. He conducted a survey about interest in online shopping. d. He tested product online, using someone else’s website.
The riskiest method of entering an international market is ________ ________.
Fill in the blank(s) with the appropriate word(s).
James Fitzpatrick owns a factory in an industrial park. There are five other businesses in the park, some larger than his, some smaller, some in older buildings, some newer. James is a friend of the owners of each of these businesses
He thinks that if they pool together, they can self-insure the risk of loss to any of them at a cost that is less than they are currently paying for insurance. Which of the following statements is TRUE? A) James's plan will have to include a mechanism for deciding how much each participant pays to cover a loss. B) James's plan will have to include a mechanism for determining whether a claim is valid. C) James's plan is contrary to law because it would place him in a conflict of interest. D) It is illegal for different businesses to self -insure as they all have different risks E) Both A and B
Barber College is the best deal in town! For only $5, you can get a shampoo and cut by any one of four untrained stylists completed in 7.5 minutes on average
Perhaps this is why customers show up on average two minutes apart (both arrival times and service times are exponentially distributed). On average, how many customers are waiting in line? A) 9 B) 11 C) 13 D) 15