Which of the Following Statements Is True of a Testator's

question 8

Multiple Choice

Which of the following statements is true of a testator's signature on a will?

• A) The testator's signature must be obtained in the presence of the sole beneficiary as the principal witness.
• B) The will need not be signed by the testator if it is already attested by witnesses.
• C) The use of nicknames and honorary titles while signing a will render it unenforceable and invalid.
• D) The testator's signature must appear at the end of the will to prevent chances of any fraud.

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Definitions:

Aggregate Output

Aggregate Output is the total value of all goods and services produced in an economy over a given period of time.

Active Policy

A government policy aimed at reducing unemployment and stimulating economic growth through proactive measures like tax cuts or increased government spending.

Monetary Policy Lags

The delay between the implementation of monetary policy decisions and their effects on the economy, often complicating central bank efforts to control inflation and stimulate economic growth.

Fiscal Policy

Government policies related to taxation and spending that are intended to influence economic conditions.