Floyd tells his daughter Glenda that she can have his Harley Davidson when he dies, but he does not add this to his will, and he is not on his deathbed. This is

Answers

Answer 1

The scenario explained shows that this is not a valid gift.

Some of the criterias for a gift to be considered a valid gift is that there should be a competent donor, an eligible donee, an intention to donate a particular thing and there should be a transfer of possession of that property or thing.

In this case, Floyd tells his daughter that he will give her a particular gift when he dies, but he eventually does not add this to his will.

Therefore, in this case, there's no transfer of possession to the daughter. Therefore, it's not a valid gift.

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Related Questions

A project manager is looking over the actual results of projects and comparing them to what was estimated. She notices that the projects that took six months or longer to complete were noticeably more off the estimates. Which of the following factors is she recognizing?

a. Padding estimates
b. Planning horizon
c. Project structure
d. People
e. Organization culture

Answers

The factor that she recognized is the project structure.

The information related to the project structure is as follows:

It is an organizational framework in which the employees could functions on the project on a continuity basis. The team should perform all types of works here.Here the efforts should be considered with regard to the development that could be completed.

So the following factors should not be recognized:

Padding estimates.Planning horizon.People.Culture of an organization.

Therefore we can conclude that the factor that she recognized is the project structure.

Hence, the correct option is c.

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_____ stock is the number of shares that a corporation's charter allows it to sell. The number of these shares usually exceeds the number of shares issued (and outstanding), often by a large amount.

Answers

An authorized stock is the number of shares that a corporation's charter allows to sell.

Authorized stock is the legal number or limit of shares that a company allows or authorizes to be sold or put in the market. This factor of policy is applicable as per the charter that the corporation allows or is legally viable to provide.

In the issue of sharing shares of a company, an organization can allow only a certain limit of shares that can be sold. This limit is the number of shares that a corporation can issue to its shareholders or investors.This stock is different from issued stock which refers to the actual number of stocks that the company has sold.Rather, authorized stock is the amount of shares that can be sold by the company and being provided in the market to be bought by shareholders or investors.

Thus, we can conclude that whatever limit a corporation allows or provides to be sold is the authorized stock. And it is only this number of shares that can be issued or given to a shareholder to buy.

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Explain the three degrees of inflation

Answers

Answer:

They are creeping, walking, galloping, and hyperinflation. There are specific types of asset inflation and also wage inflation. Some experts say demand-pull and cost-push inflation are two more types, but they are causes of inflation. So is the expansion of the money supply.

how is corporate income tax similar to direct tax ? (2)​

Answers

Answer:

Corporate tax is an expense of a business (cash outflow) levied by the government that represents a country's main source of income, whereas personal income tax is a type of tax governmentally imposed on an individual's income, such as wages and salaries.

Mark the statements that are TRUE.
Technology means the type of natural resources that are available.
Careful study and review is known as capital.
It would not make much sense to force an unskilled laborer to work in a surgical position,
Your nation's labor force includes people who want to work but do not have a job at the moment.
Your nation's money is considered capital.

Answers

Answer:

true statements are

b

c

d

e

Answer:

Tecnología significa el tipo de recursos naturales que están disponibles. V

El estudio y la revisión cuidadosos se conocen como capital. F

No tendría mucho sentido obligar a un trabajador no calificado a trabajar en un puesto quirúrgico. V

La fuerza laboral de su país incluye personas que quieren trabajar pero que no tienen trabajo en este momento.V

El dinero de su nación se considera capitalV  .

Explanation:

2) Explain about buying process of individual customer

Answers

Explanation:

different customer behave in different way .some customers behave very rude .some of them behave very honest .this all my matter on their behaviour. some customer give Money first and then take product.oppositely some customers take product first and then give money.

Answer:

The consumer buying process is the steps a consumer takes in making a purchasing decision.The steps include recognition of needs and wants ,information search,evaluation of choices,purchase,and post-purchase evaluation

WHAT ARE THE BENEFITS OF PHYSICAL ERGONOMICS​

Answers

Answer:

▫️Increased savings. • Fewer injuries. • More productive and sustainable employees. ...

▫️Fewer employees experiencing pain. • Implementing ergonomic improvements can reduce the risk factors that lead to discomfort.

▫️Increased productivity. • ...

▫️Increased morale. • ...

▫️Reduced absenteeism. •

hope it's help you.....!!!!!!!!!!

plz mark as brain list and follow me #rishu..........!!!!!!!!!!!!!!!!!

Explanation:

Hope it will help you

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Which of the following is not an appropriate member of an audit committee?
A А.
An academic specializing in business administration
B
The organization's vice president of operations.
С.
A retired executive of a firm that had been associated with the organization
D
The vice president of the local bank used by the organization

Answers

It’s B, have a good day☀️

How and When to accomplish all Assistant Manager responsibilities in a shift in a fast food restaurant.

Answers

Answer:

Researching new wholesale food suppliers and negotiating prices

Calculating future needs in kitchenware and equipment and placing orders, as needed

Managing and storing vendors’ contracts and invoices

Overseeing restaurant staff performance, ensuring quality dining

Explanation:

Responsibilities

Research new wholesale food suppliers and negotiate prices

Calculate future needs in kitchenware and equipment and place orders, as needed

Manage and store vendors’ contracts and invoices

Coordinate communication between front of the house and back of the house staff

Prepare shift schedules

Process payroll for all restaurant staff

Supervise kitchen and wait staff and provide assistance, as needed

Keep detailed records of daily, weekly and monthly costs and revenues

Arrange for new employees’ proper onboarding (scheduling trainings and ordering uniforms)

Monitor compliance with safety and hygiene regulations

Gather guests’ feedback and recommend improvements to our menus

Which of the following is true of email?

A. It’s illegal for employers to monitor it.

B. Many companies monitor employee messages.

C. Deleting ensures the messages are never read.

D. Only the recipient has the ability to open it.

Answers

Answer:D

Explanation:

5-5 TIME TO REACH A FINANCIAL GOAL You have $33,556.25 in a brokerage account, and you
plan to deposit an additional $5,000 at the end of every future year until your account totals
$220,000. You expect to earn 12% annually on the account. How many years will it take to
reach your goal?

Answers

Answer:

22 is the right answer bro fgjjfycugyvyygyghu

Arrange the various steps of the selling process in the correct order.
Follow up.
Deliver presentations.
Build a rapport.
Close the sale.
Identify needs.
Prospect.
Handle objections.

Answers

Answer:

Prospect.

Build a rapport.

Identify needs.

Deliver presentations.

Handle objections.

Close the sale.

Follow up.

Explanation:

The selling process is as follows:-

Prospect.Build a rapport.Identify needs.Deliver presentations.Handle objections.Close the sale.Follow up.What is selling process?

The selling process is the set of stages that a salesman takes while selling a product. The selling process is a comprehensive cycle that begins with identifying consumers and ends with sealing a contract with them.

It is particularly significant in B2B company sales, because the sales cycle is lengthier and may take longer to conclude. The selling procedure in B2C may be fleeting and brief.

The contact between a salesman and a potential buyer is referred to as the selling process. Prospecting, preparation, approach, presentation, resolving objections, closure, and follow-up are the seven common processes in the selling process.

Therefore, it can be concluded that the process of the selling is mentioned above.

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#SPJ2

Criteria for recruitment of business administration department

Answers

Explanation:

A business administration professional typically needs a bachelor's degree in a relevant field, such as business administration, finance, or human resources. A bachelor's requires four years of full-time stud

To which of the following would a
business most commonly owe a
debt?
A. To employees
B. To investors
C. To customers
D. All of the Above
Copyright © 2003 - 2021 Acellus Corporation. All Rights Reserved.

Answers

Answer:

the answer is D it is the right answer

Opportunity cost is the amount of increase or decrease in cost that would result from the best available alternative to the proposed use of cash or its equivalent.
a) true
b) false

Answers

The given statement is "False". A further explanation is provided below.

Whenever a decision had been made above another, the profit losses are determined as an Opportunity cost. This same notion is merely beneficial as a refresher or recalls to consider all acceptable possibilities well before a person decides.Opportunity costs aren't just an equity account method and hence are not included throughout a company's financial statements. This is simply a notion of the financial assessment.

Thus the above is the right answer.

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Scooter wishes to sell a bond that has a face value of $919. The bond bears an interest rate of 6.01% with bond interest payable quarterly. Three years ago, $1,221 was paid for the bond. At least a 12.68% return (yield) on the investment is desired. The quarterly bond interest payment that Scooter received is:

Answers

Answer:

Scooter

The quarterly bond interest payment that Scooter received is:

= $13.81.

Explanation:

a) Data and Calculations:

Face value of bond bought = $919

Price of the bond three years ago =              $1,221

Premium paid on the bond =        $302 ($1,221 - $919)

Annual coupon interest rate = 6.01%

Annual return (yield) rate = 12.68%

Interest receivable = quarterly or four times per year

Quarterly bond interest = $13.81 ($919 * 6.01% * 1/4)

Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units, and the desired December 31 inventory is 7,450 units. What is the budgeted production (in units) for the year? a.60,740 b.59,700 c.45,840 d.58,660

Answers

Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

To calculate the production for the year, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740

The decision making process is best when?

Answers

Answer:

when u have 2 decide between 1 and another or when u r taking a test then u have make a decision

Explanation:

chất lượng tối ưu là gì

Answers

Answer:

net là một thị trường hiệu quả hay không hiệu quả

Explanation:

net là một thị trường hiệu quả hay không hiệu quả

Management accounting is concerned with the provision of information to help managers make informed decisions. Indicate whether this is true or false

Answers

Answer:

true I'm sure it will be correct

Who sets the amount or rate of real estate commissions?

Answers

Answer:

q

Explanation:

When a company makes a $1,000 sale for cash, and incorrectly debits sales and credits cash for that amount. How much will total assets be off by?

Answers

The total assets should be off by $0.

The journal entry for recording the sale made in cash is

Cash Dr $1,000

      To Sales $1,000

(Being sale is made in cash is recorded)

Here the cash is debited as it increased the assets and the sale is credited as the sales are also increased.

But as per the question, the journal entry is

Sales $1,000 Dr

     To Cash $1,000

(Being sale is made in cash is recorded)

Therefore we can conclude that The total assets should be off by $0.

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what is a fixed income​

Answers

Fixed income broadly refers to those types of investment security that pay investors fixed interest or dividend payments until its maturity date. At maturity, investors are repaid the principal amount they had invested. Government and corporate bonds are the most common types of fixed-income products.
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