A Will Is Used to

question 148

Multiple Choice

A will is used to

• A) name a personal representative to guide the distribution of the estate
• B) name a guardian for persons and property
• C) specify the distribution of tax burdens to beneficiaries
• D) all of the above
• E) none of the above

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Definitions:

Traditional Contract Rules

The conventional principles and laws applied in the formation, interpretation, and enforcement of contracts.

Internet Transactions

Commercial or financial transactions conducted electronically on the internet.

Acceptance

The act of agreeing to the terms of an offer, thereby forming a contract.

Offer

A tentative promise to do something if another party consents to do what the first party requests.