Which of the Following Is the Only Authorized Site for Government-Required

question 66

Multiple Choice

Which of the following is the only authorized site for government-required free credit reports from the three major reporting agencies?

• A) AnnualCreditReport.com
• B) FreeReport.com
• C) AnnualCredit.edu
• D) GovCredit.gov
• E) KnowRights.org

Understand the effect of special property arrangements, like joint tenancy, on estate distribution.

Identify key legal documents and amendments in estate planning, such as codicils and living trusts.

Explain the principles affecting the allocation of estate assets and liabilities, including rules against perpetuities and escheatment.

Understand the basic principles of inheritance, including dominance, recessiveness, and true-breeding traits.

---

Definitions:

Business Entity Assumption

An accounting principle that treats a business as a separate entity from its owners for reporting and financial assessment purposes.

Owners

Individuals or entities that legally possess an asset, business, or property.

Obligations

Obligations are financial responsibilities or legal commitments that arise from contracts, agreements, or other binding arrangements.

Creditors' Claims

Rights or claims that creditors have against the assets of a company as a result of extending credit or lending money to the company.