MrJacob, Who Is Terminally Ill, Writes a Will Transferring All

question 61

Multiple Choice

Mr.Jacob, who is terminally ill, writes a will transferring all his assets to his daughter Silvia, in the event of his death.The doctors say that Mr.Jacob will live for about six months.The day after the will is written, Silvia wishes to transfer her expected inheritance to her son, Jacob Jr.This assignment will be ________.

• A)valid
• B)conditionally valid
• C)invalid
• D)re-assignable by Jacob Jr

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Definitions:

Financing

The act of providing funds for business activities, making purchases, or investing.

Logistical Function

The activities involved in obtaining, producing, and distributing materials and products in the proper place and condition at the right time.

Channel Intermediaries

Firms or individuals such as wholesalers, agents, and retailers who serve as a link between manufacturers and consumers in the distribution process.

Customer Service

A support that companies provide to their customers before, during, and after purchasing and using goods or services, aimed at enhancing customer satisfaction.