Which Form Gives Someone the Power to Make Decisions on Your

question 59

Multiple Choice

Which form gives someone the power to make decisions on your behalf?

• A)emergency order
• B)conditional directive
• C)health-care proxy
• D)DNR initiative

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Definitions:

Short-term Capital Gain

A profit realized from the sale of an asset held for less than a year, often taxed at a different rate than long-term capital gains.

Long-term Capital Gain

Profit from the sale of an asset held for more than a year, typically subject to a lower tax rate.

Mutual Fund Prospectus

A legal document provided by mutual funds to potential investors, detailing the fund's objectives, risks, performance, and expenses.

Front-end Loads

Charges paid by investors at the time of purchasing a mutual fund.