Under the uniform prudent investor act, a trustee has been entrusted to oversee the real estate, securities investments, and tax situation of a sizeable trust. the trustee is experienced in real estate and securities investments but did not analyze the tax situation of the trust since the trustee thinks that owner of the trust has a tax attorney. this trustee has:
a) acted prudently by only handling the parts of the trust that he has experience in.
b) acted imprudently because the job of a trustee is to manage the trust from an overall strategy.
c) acted prudently since the owner of the trust bears some responsibility for oversight of the trust.
d) acted prudently as long as the owner of the trust is consulted with regard to the tax attorney.

Amarket is said to be equilibrium when quantity demanded is equal to quantity supplied. critically analyse the above statement by giving different types of market

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u. s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)