Explain What a Will Is and What Occurs at Your

question 43

Essay

Explain what a will is and what occurs at your death if you do not have one.

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Definitions:

Riskiness Of Investments

The degree of uncertainty associated with the returns on investments, indicating the potential to lose some or all of the original investment.

Investment Turnover

A financial ratio that measures the efficiency of a company's use of investments in assets to generate sales or revenue.

Return On Sales

A financial ratio that calculates the percentage of sales revenue that has turned into profits, indicating how efficiently a company is operating.

Sales Revenue

The full income received from goods sales or service delivery before taking out any operational costs or expenditures.