Who Is the Only Person a Testator CANNOT Disinherit

question 21

Multiple Choice

Who is the only person a testator CANNOT disinherit?

• A)Surviving minor child
• B)Surviving spouse
• C)Surviving adult child
• D)Sibling

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Definitions:

Merger

The complete absorption of one company by another, where the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity.

Leveraged Buyouts

The acquisition of another company using a significant amount of borrowed money (bonds or loans) to meet the cost of acquisition.

Leveraged Buyouts

The process of purchasing another firm largely through the use of borrowed funds, such as bonds or loans, to cover the acquisition expenses.