Of the Following Actions, the One Not Required to Make

question 23

Multiple Choice

Of the following actions, the one not required to make a will valid is

• A) signing the will.
• B) witnessing the will.
• C) reading the will to a witness.
• D) including an attestation clause.

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Definitions:

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.

Acid-test Ratio

A financial metric that assesses a company's ability to quickly liquidate assets to cover short-term liabilities, excluding inventory.

Debt-to-equity Ratio

A financial measure that reflects the balance of debt and equity used in funding a company's assets.

Receivable Turnover

A financial metric that measures how many times a company can turn its accounts receivable into cash during a period.