Which of the following does not lead to invalidating theterms of an existing will?

a.a legal codicil made by the person that expressly puts forth changes.

b.the person not having witnesses when signing his/her will.

c.definitive evidence that the person was not of sound mind when making his/her will.

d.a divorce recognized by law.

e.construction of a new will that supersedes the previous will.

"Survival Risk"is the uncertainty due to

a.the firmwhose stock or bonds you hold suffering an adverse event which affects its operating expenses.

b.the individual outliving their wealth in their retirement years.

c.death and assets being transferred without a will.

d.changes in asset prices.

e.your favoriteperson being thrown off the island.