Which of the Following Is a True Statement Regarding Winona's

question 35

Multiple Choice

Which of the following is a true statement regarding Winona's claim that Keisha was entitled to nothing because Samuel was suffering from a mental illness and did not know what he was doing when he stated that Keisha should take everything?

• A)Winona is correct if Samuel had undergone any treatment for any form of mental illness within the last six months.
• B)Winona is incorrect because the existence of mental illness is irrelevant to a person's capacity to make a will.
• C)Winona is correct if Samuel had undergone any treatment for any form of mental illness within the last year.
• D)Whether he was suffering from a mental illness is irrelevant because for other reasons,his statement granting Keisha any possessions is invalid.
• E)Winona is correct if it can be established that Samuel had a serious enough mental illness that he was not of sound mind and lacked capacity to make a will.

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Definitions:

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Truth in Lending Act

A U.S. federal law designed to promote informed use of consumer credit by requiring disclosures about its terms and costs.

Truth in Savings Act

A federal law designed to promote fairness and transparency in the savings account practices of banks and other financial institutions.

Farmland

Agricultural land used primarily for the purpose of growing crops and, sometimes, raising livestock.