The characteristics of a totten trust include:
a. it is a joint bank account opened by the settlor of the trust.
b. it is tentative.
c. transfer of ownership is complete only on the depositor's death.
d. All of these.
d
Business
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In a period of rising prices, the inventory method which tends to give the highest reported net income is
a. base stock. b. first-in, first-out. c. last-in, first-out. d. weighted-average.
Business
Marital dissolution agreements are also known as property settlement and property and support agreements
Indicate whether the statement is true or false.
Business