A PERT/CPM Activity Has an Optimistic Time Estimate of 4

question 36

Multiple Choice

A PERT/CPM activity has an optimistic time estimate of 4 days, a most likely time estimate of 6 days, and a pessimistic time estimate of 10 days. The expected time (in days) of this activity is:

• A) 6.0
• B) 6.33
• C) 7.0
• D) 7.5

Understand the priority of kinship in the absence of a will and the application of state laws.

Examine the role and regulations of different types of trusts within estate planning.

Discuss the validity of a will in terms of testamentary capacity and legal requirements.

Evaluate the effectiveness of wills and trusts in asset protection and distribution, including the use of advance directives.

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Definitions:

Great Britain

A geopolitical term referring to the island that comprises England, Scotland, and Wales.

American Merchants

Businesspeople from the United States who engage in trade or commerce, historically significant in the development of the nation's economy and global trade networks.

Congressional War Hawks

Members of Congress, particularly during the War of 1812, who advocated for aggressive policies and military action against foreign nations.

Macon's Bill No. 2

An act of the United States Congress in 1810, designed to motivate Great Britain and France to stop seizing American vessels during the Napoleonic Wars.