In Reference to Estates,which of the Following Statements Is Correct

question 1

Multiple Choice

In reference to estates,which of the following statements is correct?

• A)An estate comes into existence at the death of an individual.
• B)If the deceased person had a valid will at the time of death,he or she is said to have died intestate.
• C)The heir receiving the largest portion of the estate is typically appointed the executor.
• D)Claims may be made for up to seven years against an estate.

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Definitions:

Anglo Background

Referring to people or cultural practices originating from English-speaking countries, especially those of British heritage.

Name Recognition

The extent to which a name, brand, or entity is known by the general public or a specific audience.

Latent Discrimination

Subtle or covert discrimination that may not be immediately apparent or is hidden within societal or institutional structures.

Hiring Quotas

Policies that require a certain percentage of job positions to be reserved for members of specific groups, often to correct historical discrimination.