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Andrew [12]
2 years ago
6

Iona wrote her will. The following year, she wrote another will that expressly revoked the earlier will.Later, while cleaning ho

use, she came across the second will. She mistakenly thought that it was the first will and tore it up because the first will had been revoked. Iona died shortly thereafter.The beneficiaries named in the second will claimed that the second will should be probated.The beneficiaries named in the first will claimed that the second will had been revoked when it was torn up. Had the second will been revoked?
Business
1 answer:
snow_lady [41]2 years ago
4 0

Answer and Explanation:

In the given case, the second will would be destroyed non-intentionally by the testatrix that represent the person who writes the will. Also the second will would have be intended to revoke the first will

In addition to this, Testatrix intends the second will to be value also at the same time she dont want the first will to be probated

So the second will would be upheld because of testamentary motive.

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Feather Company's inventory is recorded at its historical cost of $100,000. The replacement cost currently is $95,000; estimated
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Answer:

B. $97000

Explanation:

Given that

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Thus,

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Based on the cash and noncash transactions, the net change in non-cash working capital would be -$325.

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This can be found as:

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