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A Project Team on a Four-Year Project Has a Shortage

question 217

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A project team on a four-year project has a shortage of workspace within an office. Which of the following is the MOST viable solution for the project team while ensuring work hours are not wasted?


Definitions:

Will

A legal document by which a person expresses their wishes as to how their property is to be distributed at death, and names one or more persons to manage the estate.

Trust

A fiduciary relationship in which one party holds property or assets for the benefit of another based on an agreement.

Codicil

An addition or amendment made to a will, which may add to, modify, or revoke portions of the document.

Trusts

Are fiduciary relationships in which one party, known as a trustee, holds property for the benefit of another party, the beneficiary.

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