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a) What two legal documents should the couple ensure are up-to-date if they want a sound estate plan? What would happen if either became incapacitated or died and didn't have any legal documents at all? Please quote your sources.
b) Assume for now that Rob and Ellen were never married, but only common-law spouses. If one should die, would the other have the same rights in Quebec as a legal spouse? (Hint: Refer to the Quebec ruling with respect to Eric and Lola.) Please quote your sources.
The couple has no children and only $100,000 in RRSP investments. Would you recommend they have term or permanent life insurance? Please explain your reasoning.
Question 1: (a) Discuss the main limitations of using changes in national income as an index of economic welfare. (b) What are the alternatives measures and issues that sho
Q. Explain about Net Working Capital Concept? Net Working Capital Concept: - Net working capital demotes to the difference among current assets and current liabilities. Current
Breaks in Specific Cost of Capital: The specific costs of capital may also be affected by the amount of finance the firm wants to raise. As the amount of financing increases, the
Determine the amounts to be recognised in profit or loss and in other comprehensive income in respect of the property for the year ended 31 December 2010. Evaluate the compliance
What is Control risk That material misstatement could take place and not be detected, or prevented on a timely basis, by accounting and internal control systems. All audits
Q. What are the misstatements? A Misstatement is Inconsequential - If a reasonable person would determine after considering the possibility of further undetected misstatement
#what are the main points in scope or contents of financial functions#
What impact does high inflation have on the value of a business? Besides causing distortion (as it unequally affects all goods and services), inflation enhances the uncertainty
Pay Back Period (PBP) : This is the most popular method employed by industrial practitioners for ranking investment projects. This is described as the "period required for a pr
Classification of finance and abrief description of each source of fund
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