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Ymorist [56]
2 years ago
12

When people die, they usually own property, owe debts, and may be owed money by other people. The probate process is often requi

red to settle an estate. If the decedent has a valid will, he or she may have appointed a personal representative known as _____________ to supervise the probate process and settle the estate. However, if the decedent does not have a valid will, the probate process is usually supervised by a court-appointed _________
Business
1 answer:
liq [111]2 years ago
4 0

1. The personal representative of a decedent is known as an executor.

2. In a situation where the decedent does not have a valid will, the court-appointed representative who supervises the probate process is called an <u>administrator</u>.

<h3>What is the probate process?</h3>

The probate process refers to the formalized legal process followed to recognize a will and appoint the executor or administrator (as the decedent's personal representative) to administer the estate and distribute assets to the intended beneficiaries.

The executor or administrator is responsible for supervising the probate process and settling the estate of the deceased or decedent.

Thus, whereas, the personal representative of a decedent is called an <u>executor</u> with a valid will, they are known as <u>administrators</u> when the court appoints them to the office.

Learn more about administering a will at brainly.com/question/25694947

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Agent Sam told a buyer that the fence line also marked the property line. Agent Sam knew that the property line did not extend t
FinnZ [79.3K]

Answer:

I dont know dude

Explanation:

My bad

6 0
2 years ago
For this question, assume that the Phillips curve equation is represented by the following: πt − πt−1 = (m + z) − αut. Which of
likoan [24]

Answer:

Correct option is C

Explanation:

Increase in \alpha decreases πt - π(t-1) which shows decrease in natural rate of unemployment.

Phillips bend clarifies the connection between expansion rate and joblessness rate. As indicated by it there is a reverse connection between the joblessness rate and swelling rate. It implies there is an exchange off among expansion and joblessness rate.  

The strategy ramifications of Phillips bend is that administration can't lessen swelling and joblessness together. It joblessness decreases, at that point the economy must acknowledge higher expansion. Then again, on the off chance that economy lessens expansion, at that point it must acknowledge higher joblessness.  

When there is synchronous change in the swelling rate and joblessness rate then this is an instance of development along the short-run Phillips bend.  

Then again, when either joblessness rate or swelling rate stays unaltered while different changes then it prompts moving of short-run Phillips bend.

3 0
3 years ago
Which of the following is an essential characteristic of enduringly great companies? They undergo continuous change. They are so
Anit [1.1K]

Answer:

The answer is (A) They undergo continuous change.  

Explanation:

To remain competitive in today’s world, a company must be willing to continue changing according to what the market currently needs and will need in the future. When a company remains stagnant, it would be outpaced by its competitors. Most of the household names that we commonly encounter maintains a spirit of continuous improvement – and we can encounter this from the innovative product they choose to make, better customer experience, or improvement in internal business process.  

7 0
3 years ago
If the dividend yield for year 1 is expected to be 5% based on a stock price of $25, what will the year 4 dividend be if dividen
MariettaO [177]

Answer:

$1.33

Explanation:

Calculation for what will the year 4 dividend be

Using this formula

Year 4 dividend=[(Expected dividend yield×Stock price)×(1+Constant rate )]

Let plug in the formula

Year 4 dividend = [(.05 × $25) × (1+0.06)]

Year 4 dividend=(.05 × $25) × 1.06

Year 4 dividend=1.25×1.06

Year 4 dividend= $1.33

Therefore what will the year 4 dividend be if dividends grow annually at a constant rate of 6% is $1.33

6 0
3 years ago
What is most likely to result if the product owner is not available during a sprint?
garik1379 [7]
If the product owner is not available during a sprint it will most likely to result in: <span>The Sprint is abnormally terminated

In business term, sprint planning is a meeting between facilitator , development team, and a product owner that conducted in order to bring a product quickly into the market.
If the product owner is absent, the facilitator and the development team wouldn't have enough information about the product which may cause the sprint to be cancelled/terminated</span>
6 0
3 years ago
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