Which Type of Advanced Directive Gives the Decision Maker the Latitude

question 7

Multiple Choice

Which type of advanced directive gives the decision maker the latitude to make decisions on a situational basis?

• A)Proxy
• B)Process
• C)Instructional
• D)Informed

---

Definitions:

Par-value

The nominal or face value assigned to a share of stock by the company's charter, not necessarily reflecting its market value.

Actual Value

The true or fair market value of an asset or property, as opposed to its estimated or perceived value.

Indebtedness

A financial condition in which an individual or organization owes money to another party.

Debenture

A type of long-term debt instrument used by large companies to borrow money, at a fixed rate of interest.