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

question 18

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 is the remaining principal to be divided equally between the son and the daughter?

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

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Definitions:

Biomedical Research

Scientific studies conducted to advance the understanding of human biology, health, and diseases to develop new treatments and technologies.

Toxic

Refers to substances that are harmful or poisonous to organisms.

Prone

A body position where the individual is lying face down, opposite of supine.

Supine

A position of laying on the back with the face upward, used in various medical and therapeutic settings.