Helen puts up a vase at auction "with reserve." What does this mean?

A) She doesn't really want to sell it.
B) She must accept the final bid only if it exceeds an amount she specified.
C) She must accept the final bid, no matter what it is.
D) She doesn't really intend to sell it.


B

Legal Studies & Paralegal

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The following type of joint ownership requires the presence of the four unities:

A. tenancy by the entirety B. tenancy in common C. joint tenancy

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When an attorney’s license to practice law is revoked, this is called

a. reprimand. b. suspension. c. disbarrment. d. revocation.

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The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration expenses associated with the bankruptcy case

A) Transferred B) Given away C) Donated to charity D) Liquidated E) None of these

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T or F Multiple sets of interrogatories cannot be served on the parties to a lawsuit.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal