Traffic flow is of greater concern to developers of:

A. warehouses
B. shopping centers
C. industrial parks


Answer: B

Legal Studies & Paralegal

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Dexter and Helen purchased a house one year after their marriage for $100,000. At the time of their divorce 15 years later, the mortgage had been paid off and the house was appraised as having a current equity of $200,000. The court determined that Helen’s equitable percentage of this asset was 40 percent. Helen “bought out” Dexter’s share of the house by transferring to him another asset worth $120,000. The deed to the house was transferred to Helen’s sole name. Ten years later, Helen sells the house for $280,000. If the capital gains tax rate at that time is 20 percent and Helen is not eligible for any exemption, Helen will owe ______________________ in capital gains tax.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal

What procedures must take place prior to the conveyance of government-owned real property?

What will be an ideal response?

Legal Studies & Paralegal

Accordingto Rule 45 of the Federal Rules of CivilProcedure, the                        is responsiblefor issuing subpoenas.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal

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

1. A notice served upon interested parties may be done so by publishing a notice in a general circulation newspaper. 2. A self-proving will does require the personal representative to produce a witness at the time the petition for probate is filed. 3. If a self-proving affidavit was executed, the witness will only be required to testify if the will is contested. 4. A personal representative is always required to post a bond. 5. Once a person dies, their Social Security Number is recycled and used for newborn babies.

Legal Studies & Paralegal