Determining in Advance How One's Property and Obligations Should Be

question 57

Multiple Choice

Determining in advance how one's property and obligations should be transferred on death is the process of

• A)risk management.
• B)intestacy law.
• C)debt maintenance.
• D)estate planning.

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Definitions:

Perception

The method through which people arrange and understand their sensory perceptions to assign significance to the world around them.

Difference Threshold

The smallest amount by which a stimulus must be changed in order to notice that the change has occurred, also known as the just noticeable difference (JND).

Stimulus Level

The intensity of a stimulus which may influence the response it elicits from an organism or process.

Just Noticeable Difference

The smallest change in the intensity of a stimulus that can be detected.