The Testator of a Will Is the

question 68

Multiple Choice

The testator of a will is the

• A) legal representative drawing up the will.
• B) person making the will.
• C) executor of the estate.
• D) accumulated estate.

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Definitions:

Relative To GDP

A comparison or ratio used to understand a specific financial metric or economic indicator in the context of a country's total gross domestic product.

Federal Government

The national government of a federal country, such as the United States, responsible for enacting and enforcing laws applicable across all states and territories.

Expenditures

Refers to the amount of money spent by either an individual, business, or government on goods and services.

Budget Deficit

The financial situation in which government expenditures exceed revenues.