What insurance principle means something of value that each party gives to the other?

a. a promise.
b. significant reliance on a promise.
c. injustice as a result of reliance.
d. consideration.


Ans: d. consideration.

Legal Studies & Paralegal

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It is common for lessors to carry:

A. public liability insurance B. renter’s insurance C. both a and b

Legal Studies & Paralegal

In Lynch v. Town of Pelham, the court held that?

A. ?it could not rely on the Restatement of Property because it was a secondary source. B. ?the trial court was correct that the trustee lacked standing. C. ?the trial court's application of Shaff was correct and the Restatement of Property was not authoritative D. ?the covenants at issue were covenants in gross and enforceable by the trustee, and that the record established that he had a legitimate interest in enforcing the covenants on behalf of the trust.

Legal Studies & Paralegal

Tenants in common have ___ which, means that each owner is entitled to possession of the entire premises.

a. moiety b. unity of possession c. unity of interest d. unity of title

Legal Studies & Paralegal

Stare decisis is another term for:

A) predictive B) present C) preempt D) precedent

Legal Studies & Paralegal