Examlex
Within the context of union security clauses, which of the following statements is TRUE?
Decedent's Estate
The total property, assets, and debts left behind by an individual at the time of their death.
Administration
In a business context, it refers to the process of managing and operating a business or organization; in a legal context, it could refer to managing the estate of a deceased person.
Equitable Title
A right to receive legal title to property upon fulfilling specific conditions, often related to contracts or trusts.
Beneficiary
An individual or entity entitled to benefits or assets under a legal instrument or arrangement, such as a trust or will.
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