A beneficiary is:

a. the person who writes a will.
b. the person that receives property under a will or the holder of the equitable title under a trust.
c. the person that holds another's property for a testator.
d. the person that manages the deceased's estate.


b. the person that receives property under a will or the holder of the equitable title under a trust.

Legal Studies & Paralegal

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?_____ is actual contact with another individual that is harmful or offensive to that individual.

A. ?Defamation B. ?Intentional infliction of emotional distress C. ?Assault D. ?Battery

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A checklist that includes the major components of a house, and that the seller fills out, and which lists any defects in the condition of the main components of the house being sold:

a. Statement of condition b. Warranty statement c. Disclosure statement d. Warranty of condition

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The value of the real estate must be evaluated during the loan qualification process. This is typically accomplished through:

A. Real estate tables issued by the state B. Existing county tax records C. Real estate appraisal D. The price set forth in the Agreement of Sale

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Which of the following is not required for a firm offer?

a. a valid consideration b. a writing signed by a merchant c. assurances that the offer will be kept open for up to 3 months d. an offer to sell goods

Legal Studies & Paralegal