Nicanor is survived by the following: his legitimate parents, Mama Bear and Papa Bear, wife Inday, legitimate children LC1 and LC2 and siblings BRO and SIS. Assume that the estate amounts to Php 1,000,000. Which is TRUE? Group of answer choices BRO and SIS are entitled to the free portion being Nicanor’s siblings In intestate, Inday, LC1 and LC2 will inherit equally Mama Bear can never inherit under the circumstances Inday will get 50% out of the estate of Nicanor

Nicanor is survived by the following: his legitimate parents, Mama Bear and Papa Bear, wife Inday, legitimate children LC1 and LC2 and siblings BRO and SIS. Assume that the estate amounts to Php 1,000,000. Which is TRUE? Group of answer choices BRO and SIS are entitled to the free portion being Nicanor’s siblings In intestate, Inday, LC1 and LC2 will inherit equally Mama Bear can never inherit under the circumstances Inday will get 50% out of the estate of Nicanor

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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F25.
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