What is an Equity?
What will be an ideal response?
An ownership position in a firm. The owner is entitled to a portion of the firm’s profits and is responsible for a portion of the firm’s losses.
You might also like to view...
Disparate treatment only occurs when direct action results in the intent to discriminate
Indicate whether the statement is true or false
The West Key Number System is periodically updated to reflect current case law
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. All estate matters fall within the jurisdiction of a probate system. 2. All state probate courts have the same name in order to ensure the courts are all managed in the same manner across all 50 states. 3. If a decedent had two homes in different states, both will be classified as his or her domicile. 4. Ancillary jurisdiction is about obtaining the proper in rem jurisdiction over the decedent’s estate. 5. In personam jurisdiction is more likely to be used in estates that are involved in litigation, and are very rarely used in non-contested probate proceedings.
T or F The research for a memorandum of points andauthorities is sometimes done by a paralegal.
Answer the following statement true (T) or false (F)