Fred wishes to donate money to several charities through his will but in unsure how much each should receive. So Fred donates a fixed sum of money, identifies the charities and names and empowers his good friend Wilkins McCawber to determine the amount each charity is to receive. Wilkins has received a(n)_________

Fill in the blank(s) with correct word


power of appointment

Business

You might also like to view...

Benjamin is learning about how leaders should deal with conflict in the workplace. He should know that all of the following are true regarding leaders and conflict resolution except ______.

A. Leaders need to take an active role in resolving workplace conflicts before they escalate. B. Leaders should be able to adapt to situations and adjust their conflict resolution style as needed. C. Leaders should generally let employees deal with their own conflict issues. D. Leaders should know what their tendencies are toward avoiding conflict.

Business

When a coworker confronted Grady about the large discrepancy in the inventory list, he claimed, “The boss made me do it.” This dissonance is an example of ______.

A. moral imagination B. moral intensity C. moral disengagement D. moral hypocrisy

Business

According to Hofstede’s Model of National Culture, a culture with a(n) _________ values saving, thrift, and persistence in working toward and reaching future goals.

A. long-term orientation B. power-distance orientation C. individualist orientation D. short-term orientation E. collectivist orientation

Business

Equity capital can be obtained from:

a. banks b. credit unions c. bondholders d. insurance companies e. retained earnings

Business