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A Document That Legally Modifies a Will Without Revoking It

question 59

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A document that legally modifies a will without revoking it is called a(n) :


Definitions:

Rights Equivalent

A representation of the number of rights needed to buy one share at a discounted price during a rights issue, reflecting the value of these rights.

Subscription Price

The set price at which investors can buy shares of a stock or fund before they are offered to the public.

Market Price

This is the current price at which an asset or service can be bought or sold.

Privileged Subscription

An offer to existing shareholders to purchase additional shares in a company before the new shares are offered to the public.

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