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What Are the Principles of Management

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What are the principles of management?


Definitions:

Estate

All of the property, assets, and debts that a person leaves behind at death.

Estate

All the money, property, and assets owned by an individual at the time of their death.

Escheats

The legal process by which unclaimed property reverts to the state if the rightful owner cannot be found over a period of time.

Mentally Competent

A condition or status indicating that an individual possesses the cognitive ability to make informed decisions or understand the significance of actions.

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