Benny Dies Without a Will,with No Surviving Spouse or Child

question 54

Multiple Choice

Benny dies without a will,with no surviving spouse or child.Benny's survivors in-clude his granddaughter Callie,his nephew Duncan,and his cousin Earl.In most states,his estate would pass to

• A)Callie.
• B)Duncan.
• C)Earl.
• D)the state.

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Definitions:

Quit Rate

A measure of the rate at which employees voluntarily leave an organization, often used as an indicator of workplace satisfaction and morale.

Downsizing Strategies

Strategies employed by organizations to reduce the scale and scope of their operations, often to cut costs or realign focus.

Short-term Reaction

An immediate response or adjustment made in response to a specific event or situation, often temporary in nature.

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.