A(n) ____ Allows You to End the Trust or Change

question 46

Multiple Choice

A(n) ____ allows you to end the trust or change its terms during your lifetime.

• A) irrevocable trust
• B) living will
• C) power of attorney
• D) revocable trust
• E) will

---

Definitions:

Demand Equation

is a mathematical representation that shows the relationship between the quantity of a good demanded and its price along with other factors affecting demand.

Supply Equation

A mathematical formula used to describe the relationship between the price of a good or service and the quantity supplied, holding other factors constant.

Price Floor

A government- or authority-imposed minimum price that can legally be charged for a good or service.

Shortage/Surplus

A market condition where the quantity demanded exceeds supply (shortage) or supply exceeds demand (surplus), affecting prices and availability.