"If My Niece Has Predeceased Me,then I Give My Double-Barrel

question 36

Multiple Choice

"If my niece has predeceased me,then I give my double-barrel shotgun to my nephew" is what type of gift?

• A)Residuary.
• B)Specific.
• C)Barbaric.
• D)General.

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Definitions:

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including interest rates, repayment schedule, and other stipulations guiding the borrowing.

Merchandise Inventory

Goods or stock that a retailer, wholesaler, or distributor holds for the purpose of resale to customers.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a refund or credit.

Selling Price

The price at which a good or service is offered to a buyer.