An inter vivos trust is the same as

A)

a living trust.
B)

a testamentary trust.
C)

an irrevocable trust.
D)

a revocable trust.

A

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With terms of 4/15, net 60, what is the implied interest rate for forgoing a cash discount and paying at the end of the period?

A) 25.63% B) 61.15% C) 28.19% D) 39.25%

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In a multiple regression model, it is assumed that the errors or residuals are normally distributed

Indicate whether the statement is true or false

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