Ruth Executes a Will in 2012 Naming Her Nephew Stan

question 48

Multiple Choice

Ruth executes a will in 2012 naming her nephew Stan as sole beneficiary.In 2014,Ruth executes another will,naming her niece Tammy as sole beneficiary,but does not state that she is revoking the previous will.On Ruth's death​ 

• A) ​Stan and Tammy will share the estate in equal shares. 
• B) ​Stan will be the sole heir. 
• C) ​Tammy will be the sole heir. 
• D) ​the estate will pass as if there were no will.

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Definitions:

Real Property

Land and anything permanently attached to it, such as buildings and trees.

Negotiable Document of Title

A legal document representing the ownership and entitlement to the possession of goods, which can be transferred by endorsement or delivery.

Law of Agency

A legal doctrine that describes the relationship between a principal and an agent, where the agent is authorized to act on behalf of the principal in dealings with third parties.

Title to the Goods

The legal right to own and possess goods, often transferring from seller to buyer in a transaction.