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Author Question: A letter of credit must be in writing and signed by the issuer. Indicate whether the statement is ... (Read 49 times)

storky111

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on: Jun 24, 2018
A letter of credit must be in writing and signed by the issuer.
  Indicate whether the statement is true or false

Question 2

Tucker Smith wrote a holographic will and signed it. The will provided that 3/4 of his estate would go to charity and one-fourth would go to his nephew, his only surviving heir. Tucker's nephew is challenging the will on the grounds that the amount left to the charity was so large and that there were no witnesses to the will. Which of the following is correct?
 A)Wills by which relatives are largely disinherited are generally void.
 B)All states require holographic wills to be witnessed.
 C)Holographic wills are not valid.
 D)None of the above


cat123

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


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