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Newage,Inc

question 7

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Newage,Inc.has developed a technically complex software to track consumer buying behavior.It is extremely high priced and is being sold to a large departmental store chain.Specialized knowledge is required by units of the buying organization in order to use the software optimally.The company is most likely to use _____ in this situation. 


Definitions:

Demonstrative Legacy

A demonstrative legacy is a specific gift of money with the direction that it is to be paid out of a particular fund or property, used in wills and estate planning.

Probate

The legal process through which a deceased person's will is validated and their estate is distributed to beneficiaries.

General Legacy

A bequest of a specified amount of money or a percentage of the estate to a beneficiary, as stipulated in a will.

Personal Property

Movable assets owned by an individual or an entity, such as vehicles, furniture, and equipment, in contrast to real property like land or buildings.

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