What Is a Codicil

question 26

Multiple Choice

What is a codicil?

• A) a type of will that cannot be amended once created
• B) a separate document that must be executed to amend a will
• C) a will that has been attested by the beneficiary of the will
• D) a duplicate of a will that is used in case the original is destroyed

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Definitions:

Peanut Butter

A food paste or spread made from ground, dry-roasted peanuts.

Consumer Income

The total amount of money earned by an individual or household that affects their buying habits and purchasing power.

Complements

Goods or services that are used together, where the use of one increases the value or demand for the other, like smartphones and data plans.

Substitutes

Goods or services that can be used in place of each other to satisfy consumer preferences or needs.