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The table below shows the soft drinks preferences of people in three age groups.
If one of the 255 subjects is randomly selected, find the probability that the person is over 40 and drinks cola.
Spendthrift Trust
A legal arrangement that prevents the beneficiary's creditors from accessing the trust funds, providing long-term financial security for the beneficiary.
Spendthrift Provisions
Clauses in trust agreements that prevent beneficiaries from squandering their inheritances or creditors from claiming the trust assets.
Trust Corpus
The principal amount or assets held in trust, as differentiated from the income generated by those assets.
Consideration
Something of value exchanged by parties in a contract that induces them to enter into the agreement.
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