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Need help 2-4 Question Completion Status: QUESTION 2 The executor named in a will identifies assets, collects any money due, pays off debts, liquidates assets,

Need help 2-4
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Question Completion Status: QUESTION 2 The executor named in a will identifies assets, collects any money due, pays off debts, liquidates assets, files final income tax and estate tax returns, and with the court's permission distributes the balance of any remaining money and property to the beneficiaries. QUESTION 3 Surviving relatives have an obligation to repay the decedent's creditors for debts that exceed the assets of the estate. O a True Ob. False QUESTION 4 An indenture is a written legal agreement between a group of bondholders and the debtor describing the terms of the debt by setting forth the maturity date, interest iie, and other factors O b. True QUESTION 5 The age at which retirees born in 1960 or later will be able to receive full Social Security benefits 59 %

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