Which of the following definitions of disability provides the best protection against a reduction in your income?

A)

You are disabled if you cannot perform the main duties of your regular occupation.
B)

You are disabled if you are unable to engage in any occupation for which you are suited by training and experience.
C)

You are disabled if you cannot engage in any type of paid employment.
D)

You are disabled if you are classified as disabled by the Security Administration.


A

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Stock that was reacquired and is still held by the issuing corporation is called:

A. Callable stock. B. Capital stock. C. Preferred stock. D. Treasury stock. E. Redeemed stock.

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Which of the following real property transactions places legal title in real property with a trustee?

A) land sales contract B) garnishment C) deed of trust D) mortgage

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Which of the following would be the legal result if the event contemplated by a condition precedent failed to take place?

A) The contract may be discharged. B) The contract is declared void. C) The party will be given time to cure. D) The contract will be binding on all the parties.

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In a complaint, the factual statements forming the basis of the claim are found in the caption

a. True b. False

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