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Which Term Is Used When the Project's Processes and Products

question 59

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 Which term is used when the project's processes and products meet written specifications?


Definitions:

Ambulatory

In legal terms, ambulatory refers to something that is changeable or revocable until it becomes effective, often used in the context of wills and trusts.

Income Beneficiary

An individual or entity entitled to receive income generated from a trust, estate, or other financial instrument.

Trust

A legal arrangement where one party holds property on behalf of another party, often used for managing assets, estate planning, and in charitable giving.

Personal Representative

An individual appointed to manage the estate of a deceased person during probate, sometimes known as an executor.

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