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When Beryl Buck died in 1975, her will called for establishing a trust "for the benefit of the poor people of Marin County, California." The trust was valued at $7 million at the time of Buck's death. However, Marin County is a very affluent community north of San Francisco that has virtually no poor people. The probate court was faced with the challenge of determining what to do that would best represent the intent of Mrs. Buck (who apparently was not aware of either the value of the trust nor the socio-economic conditions in Marin County).
What should the court do with this will creating this trust? Give legal reasons supporting your answer.
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Define risk and how it affects the strategy planning process. In relation to innovation, sustainability, and the global market, how would you decide whether a risk is worth taking the chance on when to create a strategic plan?
Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.
Which drivers of global marketing do you think are the most important in shaping marketing strategy: internal or external? Explain the reasons for your answer.
Discuss one way that today's workforce may not be a match for the needs of employers today. What is the potential impact? What can employers do to lessen the impact?
You are considering two stocks. Both pay a dividend of $3, but the beta coefficient of A is 1.3 while the beta coefficient of B is 0.6. Your required return is k= 8% + (15% - 8%)\beta. What is the required return for first stock? What is the required..
There are two critical assumptions underpinning the resource-based model of competitive advantage. One of these is resource heterogeneity. Briefly explain what this means. Provide one example of heterogeneous resource.
Which project do you recommend for development? Support your recommendation.
What do you see as the benefits and limitations of the focus group findings. Do you think the task force plan for utilizing the focus groups is appropriate.
Martha has been an employee at ABC Company for 8 years. She has consistently been recognized for her solid work and creativity and has been twice promoted. Drew has been with the company 10 years and has been recognized for good performance. As an as..
Why do you think John Thain pushed for such high bonuses in 2008 given that Merrill was in a deep financial crisis? What might his motivations have been?
Business Law question: A customer purchases insurance from a State Farm Agent to cover business property in his office. The agent sells only State Farm insurance and her office has many State Farm logos and brochures. The customer asks for insurance ..
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