The Provisions of a Will Currently Undergoing Probate Are: "Two

question 10

Multiple Choice

The provisions of a will currently undergoing probate are: "Two thousand shares of Dorn stock to my son; $30,000 in cash from my savings account to my brother; $50,000 in cash to my daughter; and any remaining property divided equally between my son and daughter." Assume that the estate included 1,200 shares of Dorn stock, $22,000 cash in the savings account, and $70,000 in cash from other sources. What would the daughter have received from the settlement of the estate?

• A) $60,000 cash.
• B) $50,000 cash.
• C) $55,000 cash.
• D) $62,000 cash.
• E) $57,000 cash.

---

Definitions:

Labor Force

The total number of people employed or actively seeking employment in a country or specific area.

Unemployed

Individuals who are capable of working and willing to work but cannot find employment.

Inflation

The speed at which prices for various goods and services climb, reducing the buying capacity gradually.

Decades

Periods of ten years, often used to discuss and analyze historical trends and changes over time.