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When the Decision Maker's Information Is Not Complete,he / She

question 23

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When the decision maker's information is not complete,he / she will have to make a decision under conditions of __________.


Definitions:

Trustee

A legal entity or person appointed to manage and administer property or assets for the benefit of a third party.

Testamentary Trust

A trust that is created according to the instructions in a will, coming into effect upon the death of the person who created the will.

Administrator of the Estate

An individual appointed by a court to manage and distribute the assets of a deceased person's estate when there is no will.

Revocation

The official cancellation or withdrawal of a decree, decision, or promise.

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