Gus has applied for a home equity line of credit. Yes, this loan will be subjected to real estate settlement procedures act requirements because RESPA applies to any residential loan transaction from a federally insured financial institution, including equity lines of credit.
A line of credit (LOC) is a preset borrowing limit that a borrower can draw on at any moment that the line of credit is available. Types of credit lines contain personal, business, and home equity, among others. A LOC has built-in flexibility, which is its major benefit. Potential downsides comprise high-interest rates, penalties for late payments, and the possibility to overspend. All LOCs consist of a set portion of the money that can be borrowed as needed, paid back, and borrowed again.
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if a small increase in the price of a good reduces quantity demanded to zero, demand is and the price elasticity of demand is equal to . group of answer choices perfectly elastic; infinity unit elastic; one perfectly inelastic; zero perfectly elastic; zero
Demand and price elasticity of demand are both completely elastic if a small price rise causes the quantity desired of an item to decrease to zero.
The correct option is a.
A good or service's price elasticity of demand is calculated by dividing the percentage change in the amount sought by the percentage change in the price. The ratio of the percentage change in quantity supplied to the percentage change in price is the price elasticity of supply.
Comparing changes in consumption to price changes is price elastic demand. Price elasticity of demand gauges how much a change in price affects how much an item is consumed. It is computed by subtracting the percent change in price from the percent change in consumption.
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Miguel is vice president of marketing at xyz corp. He is disappointed to learn that the vice president of sales at xyz earns 20 percent more than he does despite the two positions having similar levels of responsibility and impact. In this example, what method is miguel using to evaluate the fairness of his pay?
Miguel holds the position of vice-president of marketing at xyz Corp. Because Miguel ended up having $35 more so than he did, he is unsatisfied.
What are the many types of marketing?The 4 P are a "combination of strategies" that includes four crucial elements for selling a product or service product, price, place, and marketing. Businesses frequently consider the four Ps when creating plans and objectives for reach their intended audiences.
What is an effective marketing example?In a word, it is an effort to make customers aware of a business's offers, which can include both physical goods for sale or services rendered. Advertising on television, on billboards along the highway, and in magazines are all common examples of marketing in action.
Briefing
He spends $35 × 4 = $140.
He earns $21 × 5 = $105.
His net increase is $105 -140 = -$35.
Miguel ends up with $35 less than he started with.
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the required reserves of a bank equal its ________ the required reserve ratio.
The required reserves of a bank equal to its deposits multiplied by the required reserve ratio.
The reserve ratio of the commercial bank is the portion of reservable liabilities that the bank must hold on instead of to invest or lend out. The reserve ratio of the commercial banks is determined by the country's central bank and all the commercial banks in that country are bound to keep that reserve ratio for smooth running of the economy. Reserve ratio is also called the cash reserve ratio.
The minimum amount that a commercial bank must hold as directed by the central bank is called reserve requirement or required reserve. The required reserve ratio is sometimes used by bankers synonymously with the cash reserve ratio or reserve ratio.
To calculate the required reserve of a bank, the formula is given below:
Required reserve of bank = Deposits x Required Reserve Ratio.
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equipment depreciation, the number and type of supplies needed for patient care, and overtime that occurs in response to an emergency are all examples of what type of expenses?
Equipment depreciation, the number and type of supplies needed for patient care, and overtime that occurs in response to an emergency are all examples of Non Controllable expenses. Therefore, option (D) is the correct answer.
Non-controllable expenditures, also known as unmanageable costs, are out-of-control expenses that a manager has no control over.
Some managers may have expenses that must be paid out of their department based on the organisational hierarchy of the company, but they have no influence over the amount or timing of these expenses. These expenses may be mandated by management or officers above a department and passed down the food chain. Non-controllable costs frequently have a fixed nature and can rarely be adjusted within the regular course of business (or fiscal year)
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Complete question:
Equipment depreciation, the number and type of supplies needed by patients, and overtime that occurs in response to an emergency are all examples of what type of expenses?
A) Controllable
B) Fixed
C) Capital budget
D) Noncontrollable
according to research involving business customers, the number-one characteristic found to define a world-class salesperson is someone who:
According to research involving business customers, the number-one characteristic found to define a world-class salesperson is someone who personally oversees the customer's pleasure by taking responsibility for the intended outcomes.
In sales, trade, and economics, a customers is the person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration. A customer is also referred to as a client, buyer, or purchaser. Early communities relied on a favor-based gift economy. Later, as commerce grew, human relationships were less long-lasting and more dependent on momentary necessities than on persistent social desires. Clients are people who receive individualized advice and answers, whereas customers are typically thought of as those who purchase goods and services. The word "client" comes from the Latin word "clientus," which means "to incline" or "to bend." It is related to the sentimental concept of closure. It is generally accepted that people only alter their routines when driven by fear and greed. Since gaining a client is a one-time event, specialists who deal with specific problems are more likely to draw long-term clients than transient ones. Long-term customers purchase based on experience and trust as opposed to ordinary customers, who just consider price and value.
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FILL IN THE BLANK. it is mandatory for both the employer and employee to pay ________.
Answer: FICA taxes
Explanation:
transactions that don’t increase or decrease cash, but that result in significant investing and financing activities, are reported either directly after the cash flow statement or in a separate note to the financial statements as noncash activities.
This statement is true: Transactions that don’t increase or decrease cash, but that result in significant investing and financing activities, are reported either directly after the cash flow statement or in a separate note to the financial statements as non-cash activities.
All investing or financing activities that don't generate cash flows must be disclosed separately under ASC 230. This disclosure may be presented in tabular or narrative style. According to what is necessary, the noncash operations may appear in other footnotes, a distinct footnote, or even on the same page as the statement of cash flows.
Examples of non-cash investing and financing transactions are given in ASC 230-10-50-4:
shifting from debt to equityacquiring productive assets by taking on liabilities that are closely tiedacquiring something through a financing lease 1Getting a gift of a building or investment assetA non-cash asset or liability is exchanged for another non-cash asset or liability.Know more about non-cash investing:
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capital accumulation. the difference between normal and economic profits. creative destruction. derived demand.
The difference between normal and economic profits is creative destruction.
Creative destruction is an economic concept most closely associated with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's Marxian studies and popularized it as his theory of economic innovation and business his cycles. Sometimes called a Schumpeter storm.
Disruption can be defined as the decline of a practice, process, product, or service over time, followed by something more innovative and disruptive. It is based on the principle that old assumptions must be broken in order for new innovations to benefit from existing resources and energies.
An example of disruption in history is Henry Ford's assembly line and how it revolutionized the automotive industry. But it also shut out the old market and put many workers out of work.
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the large increase in household wealth in the united states in the 1990s and early 2000s was the result of:
It was the result of large capital gains.
The government anticipates a portion of any profits you make from your investments, sometimes known as "capital gains," just as it does from your income. The capital gains tax has been reduced. Understanding the distinction between realized and unrealized gains for tax reasons is useful. An rise in the value of an asset or investment you hold but haven't yet sold for cash is known as an unrealized gain. It is a prospective profit that only exists on paper. Consider the scenario where you purchase some company stock and, a year later, it is worth 15% more than what you paid for it.
Although your investment has grown 15%, you still hold the shares, so the gain isn't recognized.
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according to the leader-member exchange (lmx) theory, the type of what, leaders have with their followers (members of the organization), is key to understanding how leaders influence employees?
The dyadic leader-member exchange (LMX) theory is a relationship-based leadership theory. This idea holds that the strength of the exchange connection that develops between leaders and their followers is what defines leadership.
A leadership style called transactional leadership, which is often referred to as managerial leadership, uses rewards and penalties to ensure that employees perform to their full potential. An exchange or transaction serves as the foundation of the transactional executive leadership concept. This theory, often referred to as LMX or the Vertical Dyad Linkage Theory, examines how team members and leaders form ties and explains how those interactions may either promote or inhibit progress. The purpose of the LMX theory is to clarify how leadership influences individuals, groups, and organisations. Consequently.
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what are Budgets ....
Answer: Budgets is an estimate of income and expenditure for a set period of time. The term budget refers to an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. Budgets can be made for any entity that wants to spend money, including governments and businesses, along with people and households at any income level.
To manage your monthly expenses, prepare for life's unpredictable events, and be able to afford big-ticket items without going into debt, budgeting is important. Keeping track of how much you earn and spend doesn't have to be drudgery, doesn't require you to be good at math, and doesn't mean you can't buy the things you want. It just means that you'll know where your money goes, and you'll have greater control over your finances
Explanation:
A budget is an estimation of revenue and expenses over a specified future period of time and is utilized by governments, businesses, and individuals at any income level.
A budget is basically a financial plan for a defined period, normally a year that is known to greatly enhance the success of any financial undertaking.
Corporate budgets are essential for operating at peak efficiency.
Aside from earmarking resources, a budget can also aid in setting goals, measuring outcomes, and planning contingencies.
Personal budgets are extremely useful in managing an individual's or family's finances over both the short and long-term horizon.
Hope this was helpful
Answer:A budget is a financial document used to project future income and expenses. To put it simply, a budget plans future saving and spending as well as planned income and expenses.
when the economy is in a recession, what fiscal policy tool will be used to lessen the effects of the recession?
The economy is in a recession, then expansionary fiscal policy will be used to lessen the effects of the recession.
When the government uses financial instruments to raise spending or lower taxes, both of which have more money to invest in consumers and businesses, this is known as an expansionary fiscal policy.
It should be done during the contractionary era to stimulate growth to a healthy level of the economy through expansionary fiscal policy. The government wants to halt the recession, lower unemployment, and boost consumer demand. It is meant to put an end to the business and avoid depression when bankruptcy occurs.
Tax cuts and increased government spending are two prime examples. These initiatives aim to boost overall demand while raising or reducing deficits. They are employed during recessions, in the midst of worries about supporting the recovery or leaving the economy, or both.
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2. Jen
net income of $800. His fixed monthly expenses consist of $150 for rent
He currently pars $80 each month for a credit card bill, and now he wants to buy a car.
What does Jesse have left in his budget for a car payment to stay within his safe debt load?
Jesse, have left in his budget for a car payment to stay within his safe debt load $0.
What is budget?
A “budget” is a plan or statement of the amount of money spent each month to pay for living expenses or for a specific purpose.
According to the budget for a car payment are:
Jen net income of $800.
$150 for rent
currently pars $80
The debt load = ?
$800 x 10% = $80
$80 - $80 = $0
$0
As a result, they have left in his budget for a car amount to stay within his safe debt load $0.
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policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. this will cause
Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
What do you mean by Policy?A policy is an official decision made by a group of people, a commercial organization, the government, or a political party about a certain course of action.
The National Minimum Wage would increase to $15 per hour by 2025 under the Raise the Wage Act of 2021, thereby eradicating earnings that are below the poverty line. According to this analysis, the rise is long overdue and would have a positive impact on both the economy and workers.
Therefore, Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
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division by zero is a ________ error that is caught when the program executes.
Division by zero is syntax error that is actually caught when the program was executes.
A syntax error is an error that occurs when the syntax of a programming language is not correctly followed. It is generally caused by typos or incorrect punctuation, and can cause a program to not run correctly or at all Syntax errors occur when a programming language is not properly structured according to its syntax rules. Syntax errors can be caused by a variety of things, such as missing punctuation, incorrect indentation, or incorrect use of a keyword. When a syntax error is encountered, the program will usually stop running and generate an error message that indicates where the error occurred and what the problem is.
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which is the false statement regarding voting rights of variable annuity contract owners? owners can vote for:
The false statement regarding the voting rights of variable annuity contract owners is: "owners can vote for operating management of the underlying mutual fund".
This is false because variable annuity owners do not have the right to vote for the operating management of the underlying mutual fund.
A variable annuity is a type of investment that allows individuals to invest in a portfolio of investments, such as stocks, bonds, and mutual funds. The return on the investment depends on the performance of the underlying investments. Variable annuities offer tax-deferred growth, meaning that taxes are not due until the annuity is withdrawn.
Mutual funds are investment funds that are managed by professional fund managers. They are composed of a pool of money from a variety of investors and allow for diversification across a wide range of investments. Mutual funds are typically actively managed and have a variety of fees associated with them. Returns on mutual funds depend on the performance of the underlying investments.
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luke takes temporary family leave from his job at metal works corporation to arrange for childcare and deal with financial and legal matters when naomi, his spouse, a u.s. marine on active duty, is deployed overseas. on luke’s return from the leave, metal works must
a. do nothing.
b. reimburse him for his expenses while on leave.
c. promote him to the status of a key employee.
d. restore him to his same position or a comparable position
Option D is correct, On Luke's return from the leave, the metal works corporation must restore him to his same position or a comparable position.
This is true according to California Labor Code 2922's definition of "at-will" employment for all state employees. The employer or you have the right to terminate your "at-will" employment at any moment, with no prior notice or other requirements.
The company is not permitted to use union membership as a factor in hiring decisions when employees must be let go. The prohibitions against discrimination cover hiring practices as well. Certain union activities are considered unfair labor practices according to the Labor-Management Relations Act.
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For each of the following assets, indicate which, if any, of the monetary aggregates includes them. Asset a. Currency b. Money market mutual funds (noninstitutional) c. U.S. T-bills (with maturities of less than 90 days) d. Small-denomination time deposits e. Large-cap mutual funds f Checkable deposits
A. Currency: Currency is included in the monetary aggregates M1 and M2.
b. Money market mutual funds (non-institutional): Money market mutual funds (non-institutional) are included in the monetary aggregate M2.
C. US Treasury Bills (with a maturity of less than 90 days): US Treasury Bills (with a maturity of less than 90 days) are included in both M1 and M2 monetary aggregates.
d. Time deposits in small nominal value: Time deposits in small nominal value are included in the monetary aggregate M2.
E. Large-cap mutual funds: Large-cap mutual funds are not included in the monetary aggregates M1 or M2.
F. Checkable deposits: Checkable deposits are included in the monetary aggregate M1.
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Old Navy jeans are sold exclusively at Old Navy stores. This is an example of a(n) _________ brand.
a) generic brand
b) custom coded brand
c) private-label or dealer brand
d) open-ended brand
Old Navy jeans are sold exclusively at Old Navy stores. This is an example of private-label or dealer brandbrand.
What is private-label brand ?The term "private label" refers to products sold under the retailer's own brand but manufactured by a third party known as a private label manufacturer. In other words, the company that brands and sells the product is different from the company that actually manufactures the product. Other private label examples include hardware stores that offer private label paints and other items, and hair salons that offer their own shampoos and beauty products. Private label supermarket brands are available in nearly every category, from personal care products and beverages to condiments and frozen foods.
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preferred stock is growing a source of financing with more and more companies issuing preferred shares each year. question content area bottom part 1 true false
The following statement "Preferred stock is growing a source of financing with more and more companies issuing preferred shares each year" is true.
You have a financing choice besides going on debt in the form of preferred stock. If you continue to issue existing common shares, you often retain more influence over your business. Keeping debt off of your balance sheet and holding onto a call option will also allow you to maintain flexibility for future funding rounds.
The right to receive revenue from a company's activities and ownership of the business is represented by preferred stock, a separate sort of equity. Dividends, for example, have a greater priority for preferred investors than for regular stockholders.
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she paid a $30 commission on this transaction. she has decided to sell these shares at $25.00 each and will incur a $25 commission on this sale. what is the total investment amount?
945 , This is as a result of the $30 commission that She paid on this deal. She has made the decision to sell these shares for $50 each, plus a $25 commission.
A $10 brokerage commission is charged. What would the round-trip cost be if you rapidly sold all 100 shares you purchased at the aforementioned bid and ask prices His direct and indirect holdings have been disclosed in regular filings. Then, in order to raise the down payment, he chooses to sell 10,000 shares. When a person's current income is greater than his current consumption needs, he saves the difference. Rather than preserve these savings in his possession
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samuel's company is in the following situation: what is the average cost at samuel's company? $20.00 $34.37 $5.63 $14.37
The average cost at Samuel's company is $ 20. Thus, the correct answer is option A.
What is a company?The term "company" refers to legal entities that are registered under the Company Act. The company's aim is to increase profits while maintaining its goodwill. With the help of management, the organization runs effectively.
The price is calculated using the total revenue and quantity. The overall sales is the combination of the quantity and the price. The total revenue (TR) is divided by Quantity (Q) to find out the price (P) or which is termed as average cost.
Q = TR / P
= 142000 / 7100
= $20
Therefore, the average cost at Samuel's company is $20.
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Your question is incomplete, but most probably the full question was,
the sale of securities to an insurance company is exempt under the act under the: a blue chip exemption b exempt security c sophisticated investor exemption d non-issuer exemption
In an exempt transaction, a company can exchange securities without having to register with any regulatory organisations.
The Securities Act of 1933 does not apply to whom?According to Section 4 of the Securities Act of 1933, exempt securities are financial instruments that are backed by the government and often have a government- or tax-exempt status. To further understand this kind of security, let's look at a few examples: Public sector securities. securities issued by foreign governments
What kinds of securities are exempt from the need to register?The SEC believes that some securities and transactions are exempt from the need for registration. Government securities, bank securities, high-quality debt instruments, non-profit securities, and insurance contracts are examples of exempt securities that are frequently used in financial transactions.
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as the quantity sold rises, how does marginal revenue compare to price for a company with market power?
How well does marginal revenue for a firm with market dominance compare to price as the amount sold increases. The margin is constantly falling below the price.
The meaning of incomeRevenue is the entire amount of money received from of the sale of goods or services related to a company's main operations. Revenue, also known as sales revenue, is commonly referred to as the "top line" since it appears just at top of a earnings statement. Income, often known as net income, is the total revenue or profit made by a business.
What does a company's revenue actually mean?The total profit generated by an organization's main operations, including the sale of goods or services, the rent of property investment, part based, the interest on loans, etc., is referred to as revenue.
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recall different interest rates we have talked about in this class. what is the rate of interest that the fed reserve (fed) pays commercial banks on their deposits with the fed ?
The rate of interest that the fed reserve (fed) pays commercial banks on their deposits with the fed is rate on reserves.
What is meant be rate of interest?
In accounting rate of interest refers the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Here we need to find the rate of interest that the fed reserve (fed) pays commercial banks on their deposits with the fed.
Here we know that, the rate of interest is the one that influence borrowing costs and spending decisions of households and businesses.
Therefore, the rate on the reserve implies the interest rate of fed reserve.
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what are the most important considerations for you in accepting your next position?
Aside from income, there are many other crucial aspects to consider while analyzing a job offer.
Three critical elements to consider before accepting a new job.Compensation and Benefits: Review the whole compensation and benefits package given. Find out how similar positions' pay and benefits packages compare. This could include conducting online searches, speaking with your recruiter, or even speaking with people in comparable roles.
Time: Make sure you have enough paid time off or flexibility in your work schedule to recover and recharge.
Mission, Core Values, Leadership, and Culture of the Company: The mission of a corporation outlines why it exists, and its core values define what the organization stands for. They form the cornerstone of the organization, guiding who they employ, fire, and promote.
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a novation requires a. the existence of a previous, valid obligation. b. consideration greater than $5,000. c. performance of the original contract by all of the parties. d. an accord and satisfaction.
A novation requires performance of the original contract by all of the parties.
Under the context of contracts and commercial law, novation refers to the act of replacing one duty with another, introducing a new obligation, or changing one party from one to another in an agreement.
A sovereign state may novate territory by "gradually transforming a claim in foreign territory into complete sovereignty without any formal or clear instrument to that purpose interfering," according to international law. The word is seldom ever used in English law; instead, a new debtor or creditor's replacement is often referred to as an assignment and a new contract as a merger.
Hence the correct option is C.
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g which of the following are available as damages under title vii? select one: a. all of these b. attorney fees c. court costs d. up to two years of back pay
D is the ideal choice. The Rehabilitation Act, Title VII, and GINA all limit payback to two years prior to the filing date of the discrimination case.
The agency must offer the employee back pay and non-discriminatory placement in the position they would have had absent the discrimination if the agency or the Commission determines that the employee was the victim of discrimination.
The goal of a payback award is to reimburse the claimant for any income lost due to the discrimination.
Back pay may result from a variety of unfair workplace practices. The most frequent behaviors that result in back pay are terminations, suspensions, rejections of promotions, and failures to hire.
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during a sale, a store offered a 40% discount on a couch that originally sold for $880. after the sale, the discounted price of the couch was marked up by 40%. what was the price of the couch after the markup? round to the nearest cent.
The camera now costs $378 after the following price rise.
How do equations work?
Equations are statements in mathematics that have two algebraic expressions on either side of the equals (=) sign.
It shows that the expressions printed on the left and right sides have an equal relationship.
Some of the elements of an equation are coefficients, variables, operators, constants, terms, expressions, and the equal to sign. When creating an equation, the "=" symbol and terms on both sides are a need.
given the data,
Let the price rise following the discount be = I
Let A = $ 450 serve as the camera's initial purchase price.
Let the camera's discount rate be 40 percent.
The equation is now given by.
The cost of the camera after the discount is therefore equal to 450 - (40/100) times 450.
After the discount, the camera's cost is: 450 - ( 450 x 0.4 )
After the discount, the camera's cost is equal to 450 minus 180.
After the discount, the camera costs $ 270.
The equation is also:
The discounted price is increased by 40% following the sale.
Therefore, the price of the camera has grown by 270 + (40/100) x 270.
The camera's increased cost is I = 270 + ( 270 x 0.4 )
The camera's increased cost is equal to 270 plus 108.
The camera I's increased cost is $ 378.
I thus has a value of $378.
Consequently, the camera now costs $378 after the increase.
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Answer:
$739.20
Explanation:
As Katie's health declined, she was concerned that her husband would be left
with a financial burden if she passed away. She also trusted her husband to
use the money responsibly. Katie and her husband have a son who is an adult
with his own family, and they also have a loyal neighbor who has always been
helpful. In this case, who is Katie's beneficiary?
OA. Katie's neighbor
B. Katie's husband
OC. None exists
D. Katie's son
Based on the information provided, Katie's beneficiary is likely to be her B. husband.
Why is the husband the beneficiary ?It can be reasoned that Katie's intention is for her husband to inherit the money she has entrusted him with, as shown by her confidence in his responsible use of it.
This inference is supported by the absence of arrangements made by Katie in favor of either her son or neighbor concerning the funds. We can therefore conclude that the husband is the likely beneficiary.
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