Which of the Following Statements Is True of the Requirements

question 31

Multiple Choice

Which of the following statements is true of the requirements for making a will?

• A) A will need not be signed by the testator if it is created in the presence of witnesses.
• B) A will need not be written to be considered valid only if it is a dying declaration.
• C) A will cannot incorporate any other documents by reference.
• D) The legal age for executing a will is set at 25 years across all states.

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Definitions:

Effect

The impact or outcome that results from a specific cause or action, often analyzed in studies to understand causal relationships.

Ledger Accounts

Records that summarize the transactions related to a particular item over a period, creating a record of each financial transaction that takes place.

Transferred

The act of moving assets, funds, or rights from one account, location, or ownership to another.

Journals

Recorded chronological entries that detail all the financial transactions of a business, used as the initial place of record.