Aaron Owns a Certificate of Deposit with Beth,his Sister,and an Apart?ment

question 16

Essay

Aaron owns a certificate of deposit with Beth,his sister,and an apart?ment building with Carl,his brother,in both cases as a joint tenant.Aaron,a partner with Debra in Aaron & Debra Accountants,obtains a life insurance policy with Debra as the designated beneficiary.Aaron writes a will that gives particular items of personal property,as well as specific amounts of cash,to his children and his friends.The will leaves the residue of the estate to Eve,Aaron's favorite cousin.Carl dies.Aaron,on his own deathbed,makes a gift to the United Way.Will the certificate of deposit,the apartment building,the proceeds from the life insurance policy,and the gift to the United Way become part of Aaron's estate and be distributed under the will? If not,how will these items be distributed and to whom?

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Definitions:

Third-Degree Price Discrimination

A pricing strategy where different prices are charged to different segments of customers based on their willingness to pay.

Second-Degree Discrimination

A pricing strategy where prices are varied depending on quantity sold, such as bulk discounts, or according to product versions.

Peak-Load Pricing

Peak-load pricing is a strategy that involves charging higher prices during periods of high demand and lower prices during periods of low demand to manage usage and balance supply and demand.

Consumer Willingness

The maximum amount a consumer is ready to pay for a good or service, reflecting their valuation of it.