1. Which of the following is not a true statement? a. Testate refers to a person having...

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1. Which of the following is not a true statement?

a. Testate refers to a person having a valid will.

b. The laws of descent convey personal property if an individual dies without a valid will.

c. Intestate refers to a person having no valid will.

d. A specific legacy is a gift of personal property that is specifically identified.

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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

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