Ingrid Is Single with No Dependents

question 19

Multiple Choice

Ingrid is single with no dependents.She has been in the hospital with a coma for the last 2 weeks.Her bills are piling up and her rent on her apartment is due.Who is legally empowered to take care of her banking and bill paying while she is incapacitated?

• A)Whoever is named as her executor
• B)Whoever is named in her living will
• C)Whoever is named in her durable power of attorney
• D)Whoever is named in her durable health care power of attorney

---

Definitions:

Tax Rates

The rate at which a person or a company is subject to taxation.

Inflation

The jump in the average price tag of goods and services, contracting the realm of purchasing possibilities.

Worst Recession

A particularly severe or damaging period of economic decline, characterized by significant decreases in GDP, high unemployment, and failing businesses.

Depression

An economic depression is a prolonged period of significant decline in economic activity across a region or country, characterized by high unemployment, low consumer spending, and a decrease in industrial production.