« previous next »

Author Question: Which of the following is not considered a liability? (Read 86 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Mar 2, 2019

Question 1

Power of appointment:


◦ Can be formal or informal
◦ Can be a lot or a little
◦ Can be limited or general
◦ Can be specific or general

Question 2

Which of the following is not considered a liability?


◦ Credit card debt
◦ Outstanding mortgage
◦ Cottage that does not have a mortgage
◦ Medical expenses
Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5th Edition
Buy Test-Bank


kmb352

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Mar 2, 2019

Answer 1

Can be formal or informal

Answer 2

Cottage that does not have a mortgage


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

The Border Collie is considered to be one of the most intelligent breeds. The Border Collie is considered to be one of the most intelligent breeds.
Cooked tarantula spiders are considered a delicacy in Cambodia. Cooked tarantula spiders are considered a delicacy in Cambodia.
This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev This portrait of Thomas Jefferson is considered an accurate likeness, painted when he was thirty-sev
When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ... When the number of miles traveled is considered, drivers under 25 years of age and those over 70 are ...
Every society has boundaries that divide what is considered socially acceptable from what is not ... Every society has boundaries that divide what is considered socially acceptable from what is not ...
Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ... Sam and Jen had a tax liability of 5,115 last year. They were entitled to tax credits of 112 ...
Video: Causes of Angina

For a complete list of videos, visit our video library