Which of the Following Is Not a True Statement About

question 150

Multiple Choice

Which of the following is not a true statement about a holographic will?

• A)It is handwritten.
• B)It should be dated in your own handwriting.
• C)It is always prepared by an attorney.
• D)It should be signed in your own handwriting.
• E)Some states may not recognize it.

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Definitions:

Cash Outlay

The actual expenditure of cash or cash equivalent for purchases or services.

Alternative Investments

Financial assets that do not fall into the conventional categories of stocks, bonds, or cash, including commodities, real estate, and hedge funds.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choice.

Cash Outlay

The total amount of cash that a company spends on expenses, investments, and transactions.