Since a will can direct only property that is owned by the testator at the time of his death, a specific bequest of property that the testator has disposed of before his death is ineffective. This is called ________.
A. per stirpes
B. will devise
C. residuary
D. ademption
Answer: D
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As a marketing practice, monitoring involves ________
A) designing the organization and setting up processes to respond quickly to changes in the environment B) becoming more accountable by measuring, analyzing, and documenting the effects of marketing actions C) tracking what is said online and elsewhere and studying customers, competitors, and others to improve business practices D) determining the most profitable businesses and customers and expending greater organizational resources to capitalize on them E) factoring the interests of customers, employees, shareholders, and other stakeholders into the activities of the enterprise
Bonds payable plus any premium less any discount is referred to as the face value of a bond
Indicate whether the statement is true or false
What is measured by the accumulated benefit obligation?
a. The pension expense, computed by the plan formula applied to years of service to date, assuming future salary levels b. The pension expense, computed by the plan formula applied to years of service to date, using existing salary levels c. The pension obligation, computed by the plan formula applied to years of service to date, assuming future salary levels d. The pension obligation, computed by the plan formula applied to years of service to date, using existing salary levels
Which two authors helped pave the way for public relations to become an area of academic study and professional practice when they published the first edition of our text, Effective Public Relations, in 1952?
A. Harold Burson and Ivy Lee D. Scott Cutlip and Allen Center B. Arthur