What is the common planning or investment

Assignment Help Business Law and Ethics

Reference no: EM133466432

Questions:

1. What is the common planning, or investment, device used to provide funds for surviving family members in the event a wage earner dies prematurely?

pension
payable on death account
life insurance
bond

2. What is another legal term for "trustor"?

trustee
settlor
beneficiary
executor

3. What is the method of holding title to real or personal property by two (2) or more people in which upon one owner's death, the remaining owner(s) will not take the deceased owner's share, but the deceased owner's share will pass by the deceased owner's will or by intestate law?

community property
separate property
joint tenancy with right of survivorship
tenancy in common

Reference no: EM133466432

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