State intestacy statutes commonly provide for distribution in the following order: __________
A) spouse, parents, lineals, collateral heirs.
B) spouse, lineals, collateral heirs, parents.
C) spouse, lineals, parents, collateral heirs.
D) spouse, lineals, collateral heirs, parents.
C
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The total number of shares outstanding is always equal to the number of shares authorized.
Answer the following statement true (T) or false (F)
In a curving traffic-flow pattern, inventory control and security are simplified
Indicate whether the statement is true or false
A guaranty that covers all future obligations of the primary debtor to a lender is referred to as a __________ guaranty
a. continuing b. restricted c. primary d. performance
Maya's motorcycle is damaged in an accident caused by Luc's negligence. Luc agrees to pay Maya $25,000 if she agrees to release him from further liability. Maya agrees. If her damages ultimately exceed $25,000, she can A) recover the balance for lack of consideration
B) recover the balance because the consideration was past. C) recover the balance due to unforeseen events. D) ?not recover the balance.