A Valid Will Must Be Witnessed

question 32

Multiple Choice

A valid will must be witnessed.Which of the following statements about witnesses is correct?

• A) Most states require only one witness to a will.
• B) The witnesses must see the testator write the will.
• C) The witnesses must sign the will.
• D) Under the Uniform Probate Code,witnesses lose any bequests to them in a will they witness.

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Definitions:

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An exchange rate determined by the demand for and the supply of a nation’s currency.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold; countries committed to convert paper money into a fixed amount of gold upon request.

Gold Exchange Standard

A monetary system in which countries peg their currencies to a specific amount of gold but may also hold foreign currencies in reserves.

Euro

The official currency of 19 of the 27 European Union countries, which is used by over 340 million Europeans. The euro aims to facilitate a single European market, foster economic stability, and promote economic integration among its members.