The State of Alabama Passes a Statute Which Requires That

question 7

Multiple Choice

The state of Alabama passes a statute which requires that male heirs be preferred over female heirs in selecting an executor of an estate. Laura, a lawyer, would like to be the executor of her father's estate, but so would her eighteen-year-old brother who just flunked out of college. She challenges the provision as being a violation of the Equal Protection Clause of the Fourteenth Amendment. The case is now under consideration by Alabama's highest court. In deciding the constitutionality of the provision, the court will:

• A) apply the rational relationship test.
• B) apply the strict scrutiny test.
• C) apply the intermediate standard test.
• D) create a new test

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Definitions:

Combined Liabilities

The total amount of obligations or debts that a company or an entity owes to others, consolidated into a single figure.

Combined Assets

This refers to the aggregation of different types of assets owned by an individual or entity, often to diversify investment portfolios or consolidate financial statements.

Underpriced

Describing a security or other asset being sold for less than its presumed market or intrinsic value.

Security Analysis

The process of analyzing and evaluating securities to determine their investment potential, often by examining financial data, market trends, and economic conditions.