Maryann and Don Want to Open Their Own Deli

question 34

Multiple Choice

Maryann and Don want to open their own deli.To do so,Maryann must give up her job,where she earns $20,000 per year,and Don must give up his part-time job,where he earns $10,000 per year.They must liquidate their money market fund,which earns $1,000 interest annually.The rent on the building is $10,000 per year,and the expenses of such necessities as utilities,corned beef,and pickles are $35,000 annually.The minimum amount of revenue per year that would make it worthwhile,financially,for Maryann and Don to run the deli is _____

• A)$10,000.
• B)$35,000.
• C)$45,000.
• D)$31,000.
• E)$76,000.

Distinguish between various parties involved in estate planning and property disposition, such as testators, trustees, and beneficiaries.

Recognize different types of trusts and their purposes, including express, spendthrift, and resulting trusts.

Analyze the implications of specific bequests in wills and the responsibilities of beneficiaries and estates.

Understand the legal requirements and effects of health care directives on medical decision-making.

---

Definitions:

Disneyland Vacation Package

A bundled offer that typically includes accommodations, park tickets, and sometimes other perks for a vacation at Disneyland.

Direct Suggestion

A method in hypnotherapy and advertising where an idea is straightforwardly proposed to influence behavior or perceptions.

Price Hike

Price Hike is an increase in the cost of goods or services, often due to factors like inflation, increased production costs, or higher demand.

Logical Reasoning

The process of using structured and valid arguments to solve problems or come to conclusions.