Which of the Following Best Describes a Codicil

question 60

Multiple Choice

Which of the following best describes a codicil?

• A) It is an instrument that revokes a will.
• B) It is a modification to a will that does not need all the formalities of a will so long as the required formalities were followed in the original will.
• C) It is the instrument that names the testator.
• D) It is a modification to a will that must follow all the formalities of a will.
• E) It is an order of a probate court to distribute property of the testator.

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Definitions:

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize statutes across the states to facilitate easier interstate commerce.

World Trade Organization

An international organization that regulates international trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

United Nations Committee

A subsidiary body of the United Nations established to perform specific tasks, such as overseeing human rights or environmental protocols.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name on it.