The Face Value of Bonds Are Denominated Most Commonly in Which

question 81

Multiple Choice

The face value of bonds are denominated most commonly in which of the following standard increments?

• A)$10
• B)$100
• C)$1000
• D)$10,000

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Definitions:

Holographic Will

A will entirely handwritten, dated, and signed by the testator, which in some jurisdictions, is accepted as valid without being witnessed.

Oral Will

An Oral Will, also known as a nuncupative will, is a will that has been spoken aloud in front of witnesses, rather than written down, valid only in certain jurisdictions.

Settlor

A person who creates a trust.

Residuary Clause

A provision in a will that assigns the remainder of the deceased's estate after specific gifts have been disbursed.