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Which of the Following Statements Is True

question 3

Multiple Choice

Which of the following statements is true?


Definitions:

Abatement

A reduction, decrease, or removal of something, especially of a nuisance or environmental hazard.

Estate

All of the property, assets, and debts that a person leaves behind at death.

Estate

All the money, property, and assets owned by an individual at the time of their death.

Escheats

The legal process by which unclaimed property reverts to the state if the rightful owner cannot be found over a period of time.

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