The Person Designated in a Will to Execute Your Instructions

question 39

Multiple Choice

The person designated in a will to execute your instructions regarding the distribution of your assets is called a(n)

• A) executor.
• B) guardian.
• C) business associate.
• D) attorney.

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Definitions:

Hierarchically Structured

Organized in a way where individuals or groups are ranked one above the other according to status or authority.

Division Of Labor

The allocation of distinct tasks to different people or groups in a social or economic context to increase productivity.

Interlocking Directorate

Organizational linkages created when the same people sit on the boards of directors of a number of different corporations.

Power Elite Perspective

A view that a small group of people, drawn from the political, corporate, and military sectors, holds the majority of power within a society.