If a person dies without a valid will, her property will be distributed according to state statute, even if that distribution is contrary to the decedent's clear intention

Indicate whether the statement is true or false


True

Business

You might also like to view...

Merrick and Stanley Corporation has 28,000 outstanding shares. During a proposal for a merger, the shareholders decide to increase the quorum of the vote of shareholders to 75 percent using the supramajority voting rule

How many minimum affirmative votes are needed to pass the supramajority voting requirement? A) 14,001 B) 21,280 C) 21,000 D) 28,000

Business

If Sara makes an interstate phone call to sell land that she does not own, Sara is guilty of

a. wire fraud. b. larceny. c. mail fraud. d. nothing. She merely thought of and executed a clever way to make money.

Business

The CSU/DSU can be configured to provide ________ or ________ services

A) channeled, unchanneled B) running, static C) serviced, unserviced D) symmetrical, unsymmetrical

Business

Liquidity problems are likely to exist when a company's acid-test ratio:

A. Is higher than the current ratio. B. Equals 1. C. Is less than the current ratio. D. Is higher than 1. E. Is substantially lower than 1.

Business