<span>Franklin's list is applicable in any age. Fulghum's list reflects today's emphasis on social relationships
In his autobiography Franklin llist thirteen list of virtues that everyone need in order to achieve something in their life and all derived from personal being.
Fulghum, on the other hand, focused his list on how to develop a relationship with other people that may play an important role in our life.
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This experiment may help explain masochistic behavior in humans.
<h3><u>Role of an executor in estate planning:</u></h3>
An executor is nominated and named in a will to carry out the wishes of the deceased person. An executor’s responsibilities include distributing properties of the deceased to beneficiaries as per the will, pays taxes and debts of the estates. The executor also has to use legal standing to offer the bill for probating purposes, examines the will and trust documents.
It should be noted that without the probating judge's approval, the funds will not be allocated, therefore the executor makes sure all the legal steps have been followed. While it may be an honor to be named an executor, if one isn’t up to the responsibilities, he/she can decline the offer.
Answer:
The reasons why recurrent expenditure decrease leads to capital expenditure increase :
1. Long term growth :
The decrease in current expenditure leads to decrease in current income, a country cannot survive for long in constant decrease thus future prospect growth is importation which leads to increased capital expenditure.
2. Budget :
If the government of the country decreases their proportion of recurrent expenditures from the budget they have to increase the capital expenditures otherwise all the excess money will go into vain.
