Which of the Following Is Not a Correct Statement Concerning

question 1

Multiple Choice

Which of the following is not a correct statement concerning wills?

• A) Attestation is the act of witnessing the execution of a will.
• B) Most states require two (2)witnesses to the execution of the will.
• C) A will must be dated.
• D) Self-proved wills are wills that carry a presumption that they are valid if executed according to the requirements set forth by statute.

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Definitions:

British Pounds

The currency of the United Kingdom, also known as GBP, which is one of the world's major currencies.

Foreign Exchange Gain

A profit resulting from changes in exchange rates affecting the value of investments or transactions in foreign currencies.

Non-Interest-Bearing Note

A type of debt instrument that does not pay interest but is instead issued at a substantial discount from its face value and pays its full face value at maturity.

U.S. Dollar Equivalent

The value of a foreign currency expressed in terms of the quantity of United States dollars it can be exchanged for, based on current exchange rates.