Ask Question
BusinessBusiness
3 September, 22:12

Mary goes to a stockbroker, purchases 50 shares of a certain stock, and instructs the broker to register the stock in her husband Warren's name. If this stock is intended as a Valentine's Day gift, Warren becomes a (n) : a. donee beneficiary. b. transferee. c. delegatee. d. assignee.

+5
Answers (2)
  1. 3 September, 22:14
    0
    Answer: the correct answer is a. donee beneficiary

    Explanation:A donee beneficiary is a type of intended third-party beneficiary. Donee beneficiaries occur when the second party in a contract (the promisee) does not owe a debt to the third party but wants to provide them with the benefit of the performance of the first party (the promisor).
  2. 3 September, 22:30
    0
    B

    Explanation:

    Transferee is the husband MR Warren's whom the share is transfer to. is the person whom money, shares, property etc is transferred while the person that gave the instruction is the transferor.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mary goes to a stockbroker, purchases 50 shares of a certain stock, and instructs the broker to register the stock in her husband Warren's ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
At the beginning of fiscal 2017, Wooster Company acquired a small savings and loan association for $102 million. The book value of the assets of the acquired company were $261 million, its liabilities $172.5 million.
Answers (1)
American Express cardholders have access to early presales for Rihanna concert tickets in many cities. What utility does American Express offer in this instance?
Answers (1)
A customer who travels frequently wants to know which technology is the most suitable for being connected to the corporate network at all times at low cost. which network technology would a network administrator recommend?
Answers (1)
Damaris is a member of AASA. What did she most likely learn from a meeting she recently went to?
Answers (1)
What are the primary functions of a central bank? Conduct monetary policy Grow the economy Provide banking services to businesses and consumers Ensure that the financial system is stable Provide banking services to commercial banks, depository
Answers (1)
New Questions in Business
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
An airline company is interested in the opinions of their frequent flyer customers about their proposed new routes. Specifically, they want to know what proportion of them plan to use one of their new hubs in the next 10 months.
Answers (1)
Taylor Bank lends Guarantee Company $92,811 on January 1. Guarantee Company signs a $92,811, 12%, nine-month note. The entry made by Guarantee Company on January 1 to record the proceeds and issuance of the note is
Answers (1)
Why is it important to know the interest rate on your credit card? a) The higher the interest rate, the more money you will be paying back b) The higher the interest rate, the less money you will be paying back c) The lower the interest rate, the
Answers (2)
Home » Business » Mary goes to a stockbroker, purchases 50 shares of a certain stock, and instructs the broker to register the stock in her husband Warren's name. If this stock is intended as a Valentine's Day gift, Warren becomes a (n) : a. donee beneficiary. b.
Sign Up Forgot Password?