A trust will fail for lack of:
a. consideration.
b. a trustee.
c. definite and specific property forming the trust corpus.
d. All of these.
c
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It costs $50,000 to start a production process. Variable cost is $25 per unit and revenue is $45 per unit. What is the break-even point?
A) 1000 units B) 1111 units C) 2000 units D) 2500 units
A completed act can be the basis for consideration
a. True b. False Indicate whether the statement is true or false
In 1886, an engineer named Frederick W. Taylor presented a paper on scientific management at a national meeting of engineers that was titled "The Engineer as ________."
A. a Scientist B. a Manager C. an Economist D. a Specialist
As interest rates rise, bond prices
A) rise. B) are unaffected; they may rise or fall. C) are readjusted by their issuers to maintain constant coupon rates. D) fall.