Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN: 9781337485913
Author: BROOKS
Publisher: Cengage
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Students have asked these similar questions
How often are donor restrictions violated?
The following are elements of donation, which one is not ?
Capacity of the donee to make the donation
Capacity of the donor to make the donation
The donative intent or intent to make a gift on the part of the donor
The delivery and acceptance of the donation
Which is not a cause for a valid disinheritance of children or descendants?
Parents have abandoned their children
The child has been convicted with concubinage with the spouse of the decedent
A child by fraud causes the testator to make a will
A child has been found guilty of an attempt against the life of the testator
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- How does a devise differ from a legacy? A devise is a gift of money and a legacy is a nonmonetary gift. A devise is a gift to an individual and a legacy is a gift to a charity or other organization. A devise is a gift of real property and a legacy is a gift of personal property. A devise is a gift made prior to death and a legacy is a gift made at death.arrow_forwardWhat government programs are available to cover long-term care expenditures in the United States? How do the government programs affect the demand for private long-term care insurance by families who are currently ineligible for government-financed long-term care insurance?arrow_forwardOne problem facing insurers is that there is a risk that a person will act differently if he/she does not bear all of the consequences of his/her actions. For instance, people with auto insurance policies may drive less carefully than they would drive if they were going to have to pay the full amount of any damages they caused/created. This problem is known as: A. Adverse selection B. Consumer deception C. Moral hazard D. Insurance fraudarrow_forward
- which of the following is not a specific risk to individual for violations of AML Laws? Civil Penalties,, loss of passport, termination of employment or criminal penaltiesarrow_forwardHow do donor restrictions affect net assets?arrow_forwardWould it be a violation of the Consumer CreditProtection Act to suspend, demote, or transfer anemployee who is subject to a garnishment?arrow_forward
- What are the essential differences between social insurance and public assistance programs? Why is Medicare a social insurance program, whereas Medicaid is a public assistance program? Why is the earned-income tax credit considered to be a public assistance program?arrow_forwardDifferentiate or distinguish when giving or accepting gifts/hospitality to someone else in a good heart and a fraud? Provide an opinion on how to manage these conflicts.arrow_forward
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