Examlex
Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
convertible husbandry
Legal Heir
is a person who is legally entitled to inherit assets from the estate of a deceased person, either through a will or through intestate succession laws.
Fiduciary Duty
Someone who is required to act for the benefit of another person on all matters within the scope of their relationship; one who owes to another the duties of good faith, loyalty, due care, and disclosure.
Personal Representative
An individual appointed to administer the estate of a deceased person, managing and distributing the person's assets per their will or law.
Treasury Bills
Short-term government securities issued at a discount from the face value and redeemed at maturity for the full face value.
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