The duty of loyalty is also known as

A) Misrepresentation
B) Duty of confidentiality
C) Conflict of interest
D) Unauthorized practice of law


C

Legal Studies & Paralegal

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Under the ____________________ test, a defendant is liable if the plaintiff would not have been injured if it had not been for the defendant's negligence. This test is broader than the _________________________ test, which is used to prove causation when concurrent causes combine to produce a single, indivisible harm.

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

Legal Studies & Paralegal

This type of valuation allows the personal representative to value the property 6 months after the death, which is done in an effort to reduce the property value and therefore reduce the tax liability.

a. Alternate value b. Fair market value c. Depreciated value d. Assisted value

Legal Studies & Paralegal

Which of the following is a correct way to set up a life insurance trust:

a. Trustor can transfer an existing policy to the trust b. Create a trust and have the trustee purchase the insurance outright c. Both A and B d. None of the above

Legal Studies & Paralegal

TorFPiazza’spainandsufferingareanitemofspecial damages.

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

Legal Studies & Paralegal