An Ethical Will Is

question 94

Multiple Choice

An ethical will is

• A)not a legally binding document, however it can help with estate planning.
• B)also called a holographic will.
• C)part of a formal will.
• D)also called an intestate will.
• E)a legally binding document.

---

Definitions:

Brokerage Fee

A fee charged by a broker for executing transactions or providing specialized services.

Dividend Per Share

The total amount of dividends declared by a corporation for each outstanding share of common stock, reflecting the earnings distributed to shareholders.

Outstanding Shares

The cumulative quantity of a business's stocks that are distributed to and possessed by the stockholders.

Net Income

The amount of profit a company generates after accounting for all expenses, taxes, and costs.