Competency to Execute a Will

question 90

Multiple Choice

Competency to execute a will

• A)requires a lesser threshold than other competencies.
• B)refers to an individual's functional abilities at the time the will was drafted.
• C)requires a testator to know the nature and extent of their property
• D)all of the above

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Definitions:

Technical Skills

The specific knowledge and abilities required to perform tasks related to science, engineering, technology, or other specialized fields.

Market Survey

A research method used to collect information about consumers' needs and preferences in a specific market.

Business Plan

A detailed document outlining the strategy, objectives, financial projections, and operational guidelines for a business to achieve its goals.

Managerial Competencies

The skills, knowledge, and abilities required by managers to effectively perform their roles.