Which of the following is not considered by the state or private insurance company prior to issuing insurance to an employer?
A) Risk analysis
B) Type of business
C) Prior claims
D) Fault analysis
D
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What is Formal administration?
What will be an ideal response?
Sherry and Don are having both financial and marital problems. They are considering bankruptcy and divorce as possible solutions. Which of the following is true?
a. Chapter 7 is faster, but they need a high asset/debt ratio to pass the means test. b. Chapter 14 is faster, but they need a high asset/debt ratio to pass the means test. c. Chapter 7 is faster, but they need a high debt/asset ratio to pass the means test. d. Chapter 14 is faster, but they need a high debt/asset ratio to pass the means test.
Answer the following statements true (T) or false (F)
1. The four unities of title under joint tenancy are: time, title, interest, and possession. 2. In concept of joint tenancy, if the death of one of the tenants occurs, their interest automatically comes up for sale to others of interest in that item. 3. Joint tenancy property is called a non-probate asset. 4. Joint tenancy does not allow for one of the tenant parties to sell or give away their interest in the property. 5. A tenant in common, with other joint tenants, will not have a right of survivorship.
Jenny unknowingly drinks a glass of punch spiked with an illicit drug and alcohol. She has never touched a drop of alcohol until today. She has a car accident while under the influence and seriously injures a pedestrian. What defense does she have available and what will she have to prove?
What will be an ideal response?