Explain why a personal representative may be required to post a bond.
What will be an ideal response?
The bond is a promise to faithfully perform the duties of the personal representative. It is insurance against the breach of those duties. Even when the will says that no bond or surety is necessary, some states will require a non-resident personal representative to post a bond Virginia and West Virginia for example)
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Res ipsa loquitur means
A. the thing speaks for itself. B. proof has been established by a preponderance of the evidence. C. innocent until proven guilty. D. let the buyer beware.
Before any court can hear a case, it must have __________ over the person against whom the suit is brought or over the property involved in the suit as well as over the subject matter
a. Stare decisis b. Standing to sue c. Jurisdiction d. Justiciable controversy
9. What are the elements of a valid trust?
What will be an ideal response?
Misdemeanors include crimes that are mala in se
Indicate whether the statement is true or false