When a Testator Provides for a Bequest of His Gold

question 46

Multiple Choice

When a testator provides for a bequest of his gold watch to his nephew, but the gold watch is not owned by the testator at the time of death: __________.

• A) the nephew is entitled to an equivalent amount of cash.
• B) the executor must purchase a similar gold watch for the nephew if funds are available.
• C) the bequest to the nephew fails by ademption.
• D) all legacies in the estate abate to provide funds to purchase a gold watch for the nephew.

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Definitions:

Dietary Nutrients

Substances derived from food that are essential for health and growth, including vitamins, minerals, carbohydrates, proteins, and fats.

ATP

Adenosine triphosphate, a universal energy carrier molecule used by cells to store and transfer energy.

Oxidative Phosphorylation

A process occurring in mitochondria that uses oxygen and high-energy electrons to produce ATP and water.

Krebs Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins into carbon dioxide and water.