The principal-agent relationship is commonly referred to as an association
Indicate whether the statement is true or false
FALSE
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Court decisions available through court Web sites are referred to as parallel citations.
Answer the following statement true (T) or false (F)
If Frank creates a trust for Joel and funds the trust with $500,000, naming Mark as the trustee, the corpus is:
A) Joel. B) Mark. C) Frank. D) $500,000.
Tina, speaking at a political rally for a candidate for Congress, stated that the current Representative was behind the times, was racist, and was crazy. Are her statements protected under the First Amendment to the Constitution?
a. Yes. Political speech receives an especially high degree of protection. Such speech may not be barred even when it is offensive or outrageous as long as it is not intended and likely to create imminent lawless action. b. Yes. Political speech is protected no matter what the content because the Framers of the Constitution were primarily concerned with enabling democracy to function, and open political arguments are encouraged.. c. No. Speech that is offensive or outrageous cannot receive Constitutional protection. d. No. The First Amendment does not protect political speech.
The attorney you work for is out of town for two weeks and a client's settlement check comes in the mail. The client is anxious to get her portion from the settlement check and does not want to wait for the attorney to return. You know that the attorney's fee agreement was 1/3 plus costs. You may do which of the following?
A. Have the client endorse the check; then you will endorse the attorney's name so you can deposit the check and disburse according to the fee agreement. B. Endorse the attorney's name and give the client the check to cash with instructions that they will have to come in next week and settle up with your boss. C. Have the client endorse the check and give him a check from the trust account representing his share minus costs and ask him not to cash it until your boss gets back to deposit the settlement check. D. Calculate the disbursement according to the fee agreement and have the checks prepared. Also schedule the client for an appointment to meet with your boss as soon as he gets back for the disbursement and endorsement of the check. E. All of the above are appropriate.