What type of trust, often called an involuntary trust, is created by law?
a. Express trust
b. Implied trust
c. Testamentary trust
d. Living trust
b
You might also like to view...
Federal Rule 41(a)(1) and parallel state rules?
A. permit the plaintiff's application for an order to dismiss an action only if it comes prior to the serving of the answer.? B. ?permit the application for an order to dismiss an action after the answer is served if both parties stipulate to the dismissal. C. ?require the judge to approve the terms of settlement. D. ?require a consent decree and order.
The first step in creating a client data base is to:
A. determine what pieces of information need to be collected about each client. B. turn the entire task over to a member of the IT staff. C. interview every client of the law firm. D. create an intake form for collecting the information
Mixing together a client's funds with the law firm's funds, called __________, is one of the most common ways in which attorneys breach their professional obligations regarding client funds
a. Combining b. Commingling c. Pooled accounts d. IOLTA accounts
Stress on the job may result in all of the following except?
A. ?health problems. B. ?sloppy work. C. ?a formal work environment. D. ?missed deadlines.