To Create a Valid Will,an Individual Must Be

question 59

Multiple Choice

To create a valid will,an individual must be

• A)financially viable.
• B)mentally competent.
• C)physically competent.
• D)visually competent.

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Definitions:

Minimum Wage

The lowest legal salary that employers can pay their workers, intended to protect employees from unduly low pay.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The total amount of a good or service that consumers in a market are willing and able to purchase at a given price over a specified period of time.

Surplus of Labor

A situation where the supply of labor exceeds the demand for it, often leading to unemployment or underemployment.