Because the Will Can Be Contested by Blood Relatives, All

question 22

Multiple Choice

Because the Will can be contested by blood relatives, all of the following estate-planning techniques are recommended by the author for unmarried couples, except for:

• A) Bypass trust
• B) Beneficiary designation
• C) Irrevocable living trust
• D) Joint ownership

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Definitions:

Working Conditions

The environment and circumstances under which employees complete their job tasks, including physical space, hours, and social aspects.

Intrinsic Rewards

The internal satisfaction and joy derived from performing an activity or achieving a goal, rather than from any external benefits or rewards.

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow, suggesting humans are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization.

Theory X

A management theory suggesting that employees are naturally unmotivated and dislike work, implying the need for control and direction.