If the Deceased Dies Without a Will and Is Survived

question 13

True/False

If the deceased dies without a will and is survived by no issue and no blood relatives, the surviving spouse is entitled to the entire estate.

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Definitions:

Import Quota

A restriction enforced by the government on the volume or price of merchandise that may be imported into a country.

Tariff

A tariff is a tax imposed by a government on imported or exported goods to regulate trade, often to protect domestic industries.

Free Trade

An economic policy that allows imports and exports between countries with minimal governmental restrictions or tariffs.

Consumer Surplus

The discrepancy between the sum consumers are ready and capable of paying for a service or product and the sum they actually spend.