Fiduciaries are people in positions of trust, such as the executor, guardian, and trustee, who have a duty to act in the best interest of others.

a. true
b. false

Answer: a. true

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The information related to Outloud Music, Inc is given below

Year ended December Year ended December 31, 2016 31, 2017 Net Income $81,510 $210,570 Income Tax Expense 55,910 103,505 Interest Expense 6,595 59,505 Calculate the times-interest-earned ratio for each year and also state the percentage change in the ratio. What will be an ideal response

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As used in real estate law, the term TENANCY is best described as:

a. the landlord-tenant relationship b. retention of rights as a remainderman c. a tenant in a lease agreement d. a mode or method of holding title to real property by a lessee or owner

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