?Phyllis is a director for CattleBreeders, Inc. Phyllis has the right to

A. ?participate in board meetings only.
B. ?inspect corporate books only.
C. ?participate in board meetings and inspect corporate books.
D. ?None of these choices is correct.


Answer: C

Legal Studies & Paralegal

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

1. A survey conducted by PNC Advisors in 2005 found that the wealthier a person is, the less likely it is that he or she has executed a will. 2. A trust is a written declaration of a person’s intent to distribute property after his or her death. 3. Once written a will cannot be changed, even if the testator is still alive. 4. The testator is the person receiving the property when a will is executed. 5. The term intestate means that a person died without have executed a legal will.

Legal Studies & Paralegal

The American Taxpayer Relief Act of 2012 set the amount of _________ as of 2016, but it is adjusted annually for inflation, eliminating the need to pay federal estate taxes if under this amount.

a. $2.4 million b. $3.71 million c. $5.43 million d. $9.99 million

Legal Studies & Paralegal

Historically, grounds for divorce did not include ____

a. Adultery b. Physical cruelty c. Abandonment d. Incompatibility

Legal Studies & Paralegal

Unions found in the entertainment industry are sometimes referred to as guilds

Indicate whether the statement is true or false

Legal Studies & Paralegal