The Person Named in a Will Who Identifies Assets,collects Any

question 153

Multiple Choice

The person named in a will who identifies assets,collects any money due,pays off debts,liquidates assets,files final income tax and estate tax returns,and with the court's permission distributes the balance of any remaining money and property to the beneficiaries is the

• A)guardian.
• B)executor.
• C)grantor.
• D)probate judge.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.