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Match Each Statement with a Correct Choice

question 75

Short Answer

Match each statement with a correct choice. Choices may be used more than once.
a. Increases the probate estate
b. Decreases the probate estate
c. Has no effect on the probate estate
-Paid medical expenses prior to death.


Definitions:

Liquid

broadly refers to assets or investments that can be quickly converted into cash without significant loss of value or to materials that flow and have no fixed shape.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and societies accept and expect that power is distributed unequally.

Equality

The state of being equal, especially in status, rights, and opportunities, advocating for the same treatment and absence of discrimination.

Ambiguity

The quality of being open to more than one interpretation, lacking clear definition or boundaries, which can lead to uncertainty or confusion.

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