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:

Demand Elasticity

A measure of how sensitive the quantity demanded of a good is to a change in its price.

Price Conscious

Being aware of and giving importance to the cost of goods and services when making purchasing decisions.

Demand

The desire combined with purchasing power for specific goods or services at a given time and price.

Lunchbox

A container used to carry food, often for consumption at work or school.