Which of the Following Characteristics Does It Take to Be

question 73

Multiple Choice

Which of the following characteristics does it take to be a change agent?

• A)Seeing a future that others don't see
• B)Having the courage to take risks
• C)Being able to motivate people
• D)Being able to galvanize teams
• E)Being able to do all of the above

Identify legal formalities in the creation of wills and trusts.

Understand the process and implications of probate.

Distinguish between testamentary capacity and the influence that may invalidate a will.

Comprehend the requirements and roles of witnesses in the execution of a will.

---

Definitions:

Variable Costs

Costs that change in proportion to the level of activity or volume of production.

Fixed Costs

Expenses that do not change with the level of production or sales activities within a certain range or period.

Operating Income

This refers to the profit realized from a business's operations, calculated by subtracting operating expenses from gross profit.

Sales Price

The amount that a customer pays to purchase a good or service from a business.