What is the difference between indemnification and contribution?
What will be an ideal response?
Indemnification can be distinguished from contribution in that contribution involves a sharing of liability, whereas indemnification involves a shift of liability from one tortfeasor to another.
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Answer the following statements true (T) or false (F)
1. Statistics indicate that the numbers of families with stepparents and stepchildren will grow over time. 2. Children cannot be conceived posthumously. 3. The laws and statutes surrounding same sex marriages have been completely and successfully established and it is unlikely that further court litigation will be needed in this matter. 4. Grandparents raising grandchildren has become so prevalent in the United States that the government has an entire website dedicated to this topic. 5. Statistics show that a large percentage of grandparent caregiver families live in poverty or close to it.
Which is not a litigation management task?
A) Interviewing clients and witnesses B) Balancing escrow account statements C) Reviewing records and reports D) Investigating facts
If an estate client expresses concern about leaving large sums of money to her children because her children are not very good managers of their monies, the client may want to consider:
A) a codicil. B) an oral will. C) a spendthrift trust. D) a holographic will.
Noncustodial parents may sometimes be subjected to court-ordered ________, leaving little money left over for other expenses
A) Wage executions B) Wage impediments C) Wage inhibitors D) Wage garnishments E) None of these