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COGNITIVE ASSESSMENT What Type of Software Can Your Parents Use

question 66

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COGNITIVE ASSESSMENT What type of software can your parents use to create a will without visiting an attorney?


Definitions:

Binding Contract

An agreement between two or more parties that is legally enforceable in a court of law.

Verbal

Pertaining to words or spoken communication, often used in the context of agreements or contracts.

Written Contract

A formal agreement between two or more parties that is fully documented and signed, outlining specific obligations and terms.

Indemnity

A contractual obligation by one party to compensate the loss incurred by the other party due to the acts of the indemnitor or other specified individuals.

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