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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910 Exercise 14
What is a remainderman
a.A beneficiary that receives the principal left in an estate or trust after a specified time.
b.The beneficiary of the decedent's life insurance policy.
c.An executor or administrator after an estate has been completely settled.
d.If a legacy is given to a group of people, the remainderman is the last of the individuals to die.
a.A beneficiary that receives the principal left in an estate or trust after a specified time.
b.The beneficiary of the decedent's life insurance policy.
c.An executor or administrator after an estate has been completely settled.
d.If a legacy is given to a group of people, the remainderman is the last of the individuals to die.
Explanation
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Verified
A remainderman is a person who receives ...
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
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