An Attachment to a Will That Alters or Amends a Portion

question 16

Multiple Choice

An attachment to a will that alters or amends a portion of the will is called a

• A)proxy.
• B)codicil.
• C)letter of last instructions.
• D)revocation.
• E)none of the above.

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Definitions:

Stock Market Analysts

Professionals who evaluate and report on the potential performance of stocks or the stock market, offering recommendations to investors.

Recommendations

Advice given by analysts or experts on buying, holding, or selling stocks or other securities.

Liquidity

The ease with which an asset can be quickly bought or sold in the market without affecting its price.

Small-Firm Effect

The observed phenomenon that, on average, smaller firms have historically provided higher risk-adjusted returns than larger firms.