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

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Definitions:

Appraising Performance

The process of evaluating an employee's job performance and productivity in accordance with previously set objectives.

Organizational Citizenship Behaviors

Voluntary actions by employees that are not mandated but contribute positively to organizational functioning.

Stockholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thus having a financial interest in its performance.

Trade Show

An event or exposition where companies in a specific industry showcase and demonstrate their new products, services, or technologies to potential customers and partners.