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Which is not a necessary activity in building and protecting wealth? Entry field with incorrect answer Managing cash for liquidity and emergencies Writing a will Buying property and liability insurance Investing to achieve long-term goals

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ebrightosagie

Answer: Writing a Will

Step-by-step explanation:

When a will is written, it is usually in place for how a property or assets should be shared amongst a deceased family should he die. A Will is not a way or means of protecting and building wealth, rather it aids the splitting up or sharing of the wealth which have been acquired over the life time of the deceased.

francocanacari

Writing a will is not a necessary activity in building and protecting wealth.

This is so because the writing of a will, by itself, does not constitute an act that implies the generation or protection of assets or dividends, but rather the distribution of the same before the death of its owner.

Learn more about wealth in https://brainly.com/question/7879523

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