An Individual Who Desires to Make Provisions That Will Be

question 5

Multiple Choice

An individual who desires to make provisions that will be effective only on his or her death is said to have:

• A) probationary intent.
• B) a prejudicial interest.
• C) testamentary intent.
• D) attestation intent.

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Definitions:

Pricing Methods

Strategies and techniques employed by businesses to set the sales price of products or services.

Reference Price

The price that consumers consider reasonable or compare with when evaluating the price of a product or service.

Original Price

The initial selling price of a product before any discounts, sales or price changes are applied.

Price Tag

A label or piece of paper attached to an item for sale indicating its price.