What is fair compensation? How does it differ from fair market value?

What will be an ideal response?


Fair market value represents what a willing buyer will pay a willing seller in an arm's length transaction. Just compensation includes fair market value plus compensation for additional losses related to being forced to relocate.

Legal Studies & Paralegal

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If a will is lost, it is automatically revoked.?

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

When a court vacates a decision, the decision:

A. is affirmed. B. is part of the holding. C. is canceled or set aside. D. was written by a dissenting judge.

Legal Studies & Paralegal

Which of the following should never be used for transmission of confidential information?

a. Internet cafés b. Wireless networks in airports c. Encrypted communications systems d. Internet cafés and wireless networks in airports

Legal Studies & Paralegal

Typically, the __________ is responsible for ensuring that witnesses are available and in court on the day of the trial.?

A. supervising attorney? B. ?secretary of the law firm representing the plaintiff C. ?secretary of the law firm representing the defendant D. ?paralegal

Legal Studies & Paralegal