The legal document that creates a homeowners association that will own the common areas, and is filed with the state's secretary of state is the:

a. CC&Rs
b. Articles of incorporation
c. Declaration
d. Bylaws


B

Legal Studies & Paralegal

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Jacob wants to purchase some corporate stock. He prefers to have greater rights to receive dividends or payments if the company liquidates, rather than greater voting rights. Jacob should purchase which of the following??

A. ?Preferred stock B. ?Limited stock C. ?Common stock D. ?Voting stock

Legal Studies & Paralegal

A bankruptcy dismissal occurs when the bankruptcy court ceases administration of the case and no longer has jurisdiction over the matter, including any adversary proceedings that other parties have filed

Indicate whether the statement is true or false

Legal Studies & Paralegal

Bringing jurors from other locations into the court, to reduce the number of local jury members who may have heard information about the case before the trial, is called:

A) change of venue. B) change of jury options. C) change of location. D) change of venire. E) change of pants.

Legal Studies & Paralegal

Which is not one of the steps included in a small estate settlement?

a. A petition is filed b. An order for informal administration is granted c. The attorney prepared the case to the court d. Debts are paid, property is distributed, and then the estate is closed

Legal Studies & Paralegal