Explain how a will can be revoked or changed

What will be an ideal response?


A will can be changed or revoked. A codicilis a separate document that changes one or more provisions of an existing will. A revocation orchange may take place any time after the will is properly created and before death. To revoke an old will and make a new will, a clause will be included in a will that the testator revokes any and all other wills, testaments, and codicils.

Business

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Which conative message strategy is linked to impulse buys?

A) unique selling proposition B) resonance C) action-inducing D) promotional support

Business

Answer the following statements true (T) or false (F)

1. In addition to considering both the division's operating income and its average total assets, residual income incorporates top management's target rate of return. 2. Residual income compares the division's actual operating income with the minimum operating income expected by top management for the given size of the division's average total assets. 3. Residual income is used as a key performance indicator for evaluating an investment center's financial performance. 4. In general, calculating ROI based on the gross book value of assets gives managers an incentive to continue using old, outdated equipment.

Business

Personal ________ involves deciding what makes you special and desirable in the job market, creating a tagline, preparing a professional-looking business card, developing an elevator speech, and building a powerful online presence

Fill in the blank(s) with correct word

Business

Customers are more price sensitive the higher the product's price is relative to the customers' price expectation.

Answer the following statement true (T) or false (F)

Business