MATCHING: -A Court Document That Accepts an Application for Informal Proceedings

question 29

Multiple Choice

MATCHING:
-A court document that accepts an application for informal proceedings

• A)in and out method
• B)formal proceedings
• C)informal proceedings
• D)registrar
• E)commencement of informal probate
• F)demand to be notified of petitioner's application for informal probate or informal appointment
• G)closing statement
• H)valid but undischarged claim
• I)Statement of Informal Probate
• J)court order closing an estate

---

Definitions:

Interest Rate

The proportion, typically expressed as a percentage, at which interest is charged by lenders on loans or paid by banks on deposits.

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.