Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 28, 2024

What type of beneficiary designation allows the benefit to pass from a deceased primary beneficiary to the beneficiary's heirs, instead of splitting the benefit among

What type of beneficiary designation allows the benefit to pass from a deceased primary beneficiary to the beneficiary's heirs, instead of splitting the benefit among surviving beneficiaries?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The type of beneficiary designation that allows the benefit ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law Principles for Today's Commercial Environment

Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene

5th edition

1305575156, 978-1305887657, 1305887654, 978-1305575158

More Books

Students also viewed these Accounting questions

Question

★★★★★

1. Did Graves have an insurable interest in the life of Norred following the discontinuance of the partnership? 2. Was Graves required to remit the proceeds of the insurance to Norreds estate? 3. Can...

Answered: 1 week ago

Question

★★★★★

Design a Java class that represents a cache with a fixed size. It should support operations like add, retrieve, and remove, and it should evict the least recently used item when it reaches capacity.

Answered: 1 week ago

Question

★★★★★

A drawback of cubic resampling is that it produces DN overshoot on either side of sharp edges. The magnitude of the overshoot is directly proportional to the magnitude of . Although this...

Answered: 1 week ago

Question

★★★★★

An experiment showed that subjects fed the DASH diet were able to lower their blood pressure by an average of 6.7 points compared to a group fed a "control diet." All meals were prepared by...

Answered: 1 week ago

Question

★★★★★

In the preceding exercise, can you think of a reason why the acceleration of the object thrown downward through the air might be appreciably less than 10 m/s2? Discuss your reason with your...

Answered: 1 week ago

Question

★★★★★

On December 31, 2020, Hornsby Corporation had $1.2 million of short-term debt in the form of notes payable due on February 2, 2021. On January 21, 2021, in order to ensure that it had sufficient...

Answered: 1 week ago

Question

★★★★★

Imagine you are discussing a recent failed project with a local company. What regulation obstacles would you suggest could have contributed to this failure?

Answered: 1 week ago

Question

★★★★★

Mary Watson is 24 years old and single, lives in an apartment, and has no dependents. Last year she earned $45,000 as a sales assistant for Focused Business Analytics; $3,910 of her wages was...

Answered: 1 week ago

Question

★★★★★

Financial information is presented below: Operating expenses $53000 Sales returns and allowances 5000 Sales discounts 9000 Sales revenue 206000 Cost of goods sold 103000 Gross Profit would be $89000....

Answered: 1 week ago

Question

★★★★★

A closed surface with dimensions a = b = 0.400 m and c = 0.600 m is located as in Figure P24.66. The left edge of the closed surface is located at position x = a. The electric field throughout the...

Answered: 1 week ago

Question

★★★★★

Which of the following is an advantage of a partnership? A. Mutual agency creates personal obligations for each partner. B. The owners of a partnership are generally exempted from personal income...

Answered: 1 week ago

Question

★★★★★

explain why U.S. presidents often favor a "lower dollar" over the course of their presidency. Explain the relationship between the relative value of the dollar and its relationship to U.S. exports...

Answered: 1 week ago

Question

★★★★★

The real cost of palm oil case study discussed how the unsustainable farming of palm in Borneo, Sumatra and lower China is perhaps the biggest threat to _____________________. Group of answer choices...

Answered: 1 week ago

Question

★★★★★

The term for the legal death of the artificial "person" of Sun Star Corp., or any other corporation, is Group of answer choices winding up. takeover. surviving corporation. dissolution.

Answered: 1 week ago

Question

★★★★★

Given a choice, a buyer of real property wants a quitclaim deed rather than a general warranty deed . True or false?

Answered: 1 week ago

Question

★★★★★

Lucy would like to receive $60,000 in the first year of her financial independence at age 60. After this first income payment, she is content with her annual income growing at the rate of inflation....

Answered: 1 week ago

Question

★★★★★

Captain Blackbeard, owner of Capsizing Ships, knows his company's Balance Sheet shows more current liabilities than current assets. This means that he can/should A. Purchase more assets B. Acquire...

Answered: 1 week ago

Question

★★★★★

A heat engine has a heat input of 3 Ã 104 Btu/h and a thermal efficiency of 40 percent. Calculate the power it will produce, in hp. Source 3 x 10 Btu/h 40% HE Sink

Answered: 1 week ago

Question

★★★★★

1. Why is there no breach of warranty? 2. What breach of contract occurred? 3. Were the terms conspicuous enough to be part of the contract? Explain why. General Mills Operations, LLC, purchased Big...

Answered: 1 week ago

Question

★★★★★

1. What is different about this situation and the fictitious payee exception? 2. Evaluate this statement, UCC Article 3 does not provide protection for checks written to bad fund managers. Is it true...

Answered: 1 week ago

Question

★★★★★

Is the following instrument negotiable? I, Richard Bell, hereby promise to pay to the order of Lorry Motors Ten Thousand Dollars ($10,000) upon the receipt of the final distribution from the estate...

Answered: 1 week ago

Question

★★★★★

12.5 Define cultural syndromes of distress and give examples.

Answered: 1 week ago

Question

★★★★★

3. Choose a health outcome (such as obesity or other disease). Adopting a biopsychosocial perspective, identify and describe biological, psychological, and social factors that may contribute to the...

Answered: 1 week ago

Question

★★★★★

11.3 Identify factors that represent how culture is associated with health on the individual level.

Answered: 1 week ago

Previous Question Next Question