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An Executor, Also Called Your ________, Is Named in Your

question 24

Multiple Choice

An executor, also called your ________, is named in your will to carry out your instructions regarding how your assets will be distributed.


Definitions:

Board Of Directors

A group of individuals elected to represent shareholders and oversee the major decisions and policies of a company.

Par Value

Par Value is the face value of a bond or a stock as stated by the issuing company, which may not reflect the actual market value.

Market Value

The current price at which an asset or service can be bought or sold in a market.

Own Name

The legal identification used by an individual or entity for conducting transactions or signing contracts.

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