Which of the Following Is the Best Example of an Individual

question 304

Multiple Choice

Which of the following is the best example of an individual product?

• A) 32-ounce boxes of Gain and Tide.
• B) 3 types of pears.
• C) Six brands of cookies.
• D) 12 oz. size of Pert Plus.
• E) All of the above.

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Definitions:

Intestate

The state of dying without a will.

Surviving Spouse

A surviving spouse is the husband or wife left alive after the other has passed away.

Express Trusts

A type of trust explicitly created by a settlor, typically in writing, specifying the trust's terms, beneficiaries, and the trustee's duties.

Trust Instruments

Legal documents establishing a trust, specifying its terms, and the responsibilities of the trustees.