Match Each Statement with the Correct Choice

question 144

Short Answer

Match each statement with the correct choice. Some choices may be used more than once or not used at all.
a.Increases the probate estate
b.Decreases the probate estate
c.Has no effect on the probate estate
-Purchased a certificate of deposit listing daughter as the beneficiary under a Totten trust payable on death designation.

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Definitions:

Appropriation

The unauthorized use of someone's likeness or personal aspects for commercial gain without their express permission.

Standard Of Care

The standard of care refers to the degree of prudence and caution required of an individual who is under a duty of care.

Faulty Grading

Refers to incorrect or misleading assignment of quality levels to goods, particularly in the context of agricultural products or land.

Tort Action

A lawsuit based on an act or omission that leads to harm or injury to another and amounts to a civil wrong for which courts impose liability.