If a UM carrier settles with its insured or must pay a certain amount to its insured following a trial or arbitration, the carrier:
a. Can pursue a subrogation claim against the at-fault uninsured motorist.
b. Cannot pursue any claim against the at-fault uninsured motorist.
c. Can only recover from the at-fault uninsured motorist half of what it paid to its insured.
d. None of the above.
A
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Answer the following statements true (T) or false (F)
1. Trusts may be “testamentary” or “inter vivos.” 2. Two types of inter vivos trusts are pourover and non-pourover. 3. A “pourover will” is created when a provision in the will states that the testator leaves the residuary of his estate to the trustee of a living trust. 4. One valid reason for a trust to be terminated is that the beneficiaries agree that the trust's purpose does not require the continuation of the trust. 5. Trusts should indicate when they will terminate.
In your own words, define electronic recording
What will be an ideal response?
A person cannot bechargedwith both the completedcriminal act and conspiracy with others to commit the crime.
Answer the following statement true (T) or false (F)
?Buyer and Seller contract for the sale of goods with the contract price of $10,000. Buyer breaches and Seller stops the goods in transit ($800), stores the goods ($1,200), and sells them to a different buyer for $8,000. Seller spends $300 finding the new buyer and $200 delivering the goods to the new buyer. The market price for the goods at the time of breach has risen to $15,000. Seller may recover as damages:
A. ?$3,200 B. ?$3,700 C. ?$4,500 D. ?$5,000