?To be a settlor, a person must meet all of the following requirements EXCEPT:
A. ?Own a transferable interest in property
B. ?Have the right or power to dispose of a property interest
C. ?Act as the beneficiary
D. ?Have contractual capacity
Answer: C
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A ___ is a final decree of a court resolving a dispute and determining the rights and obligations of the respective parties.
Fill in the blank(s) with the appropriate word(s).
Which of the following features is unique to criminal trials and different from those of civil trials?
a. The right to a speedy and public trial b. Unanimous agreement on the verdict by the jury c. A presumption of the defendant's innocence d. A higher standard of proof e. All of these choices are correct
Twenty-five states require lenders to obtain a court order before foreclosing on a property; this is called a nonjudicial foreclosure
Indicate whether the statement is true or false
A court opinion that a court looks to for guidance when reaching a decision, but is not bound to follow, is referred to as:
A. mandatory precedent. B. persuasive precedent. C. stare decisis. D. on point. E. all of the above.