When Decision-Making Power Is Concentrated in the Hands of a Few

question 13

Multiple Choice

When decision-making power is concentrated in the hands of a few people that hold the top positions in an organisational hierarchy, the result is a state of

• A)oligarchy.
• B)alienation.
• C)disenchantment.
• D)trained capacity.

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Definitions:

Testamentary Capacity

The legal mental competence required of an individual to execute a valid will, including understanding the nature of the act and the effects of their decisions.

Executor

An individual appointed in a will to manage the estate of the deceased, ensuring that all debts are paid and assets are distributed according to the will.

Escheat

A legal process where unclaimed or forfeited property reverts to the state if there are no claimants or heirs.

Probate

The legal process of administering the estate of a deceased person, resolving all claims, and distributing the deceased person's property under a will.