When You Are Involved in ________ Planning,you Are Planning for Your

question 43

Multiple Choice

When you are involved in ________ planning,you are planning for your eventual death and the distribution of your wealth to your heirs.

• A)prenatal
• B)beneficiary
• C)estate
• D)actuarial
• E)none of the above

---

Definitions:

Intuitionism

A philosophical theory emphasizing that moral truths are known through intuition, denying that moral properties are reducible to natural properties.

Rational Persons

Individuals who use reason and logic to make decisions, typically in economic theory, assuming that people aim to maximize their self-interest.

Correctness

The quality or state of being free from errors, inaccuracies, or faults.

Milton Friedman

An American economist known for his strong belief in free-market capitalism and for being a leading proponent of the efficiency of markets and the reduction of government intervention.