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

question 67

Multiple Choice

The provisions of a will currently undergoing probate are: "One thousand shares of Wal-Mart stock to my son; $10,000 in cash from my savings account to my brother; $5,000 in cash to my daughter; and any remaining property divided equally between my son and daughter." At the time of death, the estate included 1,400 shares of Wal-Mart stock and $25,000 cash in the savings account.
What would the son have received from the settlement of the estate?

• A) 1,000 shares of Wal-Mart stock and $15,000 cash
• B) 1,000 shares of Wal-Mart stock and $0 cash
• C) 1,000 shares of Wal-Mart stock and $10,000 cash
• D) 1,200 shares of Wal-Mart stock and $5,000 cash
• E) 1,400 shares of Wal-Mart stock and $5,000 cash

---

Definitions:

Team Leadership

The practice of leading a team effectively by motivating members, coordinating efforts, and ensuring the team works towards common objectives.

Monitoring Function

The process of continuously observing and evaluating performance or progress to ensure goals are being met and to identify any need for corrective action.

Fast-Paced Environment

characterizes situations or workplaces where decisions need to be made quickly, and actions are executed rapidly to adapt to changing circumstances.

Leadership Action

Specific steps or initiatives taken by someone in a leadership position to guide, influence, or direct others or the course of events.