Legal Requirements for a Will Depend on State Law,but Generally

question 16

Multiple Choice

Legal requirements for a will depend on state law,but generally include all but which of the following?

• A)a writing
• B)signatures of at least three witnesses
• C)the testator's signature
• D)witnesses who will not inherit under the will

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Definitions:

Exchange Offer

A proposal by a company to trade securities, such as bonds or stocks, for other securities or assets with different terms or values.

Stock Tender Offer

A public offer by a company or individual to purchase a certain amount of shareholders' stock at a specified price for a limited time.

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the corporation's capital.

Chose in Action

A personal right to property which can only be claimed or enforced by action, not by taking physical possession.