A contract entered into by a trustee must be approved by the beneficiaries of the trust.
Answer the following statement true (T) or false (F)
False
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A. ?The beginning or introductory clause of a will B. ?A statement in a will that disposes of the remaining assets of the decedent's estate after all debts and gifts in the will are satisfied C. ?The guardian and manager of property left to minor or incompetent children D. ?A requirement of most states that a person must survive the first decedent by at least 120 hours to qualify as a surviving beneficiary E. ?A statement in a will that determines the distribution of property in the event there is no evidence as to the priority of time of death of the testator and another, usually the testator's spouse F. ?A person who directs an agent to act for the principal's benefit subject to the principal's direction and control G. ?A statement by the witnesses in a will that they have attested and subscribed the testator's signature H. ?The authority of a person appointed by a patient to make decisions about his/her medical care when he/she becomes incapacitated and unable to make such decisions I. ?The authority of a person to act on behalf of the principal that ends when a specified event occurs J. ?The authority of a person to act on behalf of the principal that is triggered by the occurrence of a specified anticipated event
The value of the real estate must be evaluated during the loan qualification process. This is typically accomplished through:
A. Real estate tables issued by the state B. Existing county tax records C. Real estate appraisal D. The price set forth in the Agreement of Sale
The common number of days associated with how long a party to a civil action has to file an appeal is:
A. 1 day B. 60 days C. 1 year D. 10 days
In those states that have adopted comparative negligence, the plaintiff can recover even if a jury determines the plaintiff was 70 percent responsible for his or her own injuries under a ____________________ comparative negligence standard but cannot recover under a ____________________ approach. Under the latter approach, if a jury assigns a 50-50 apportionment in terms of blame, a plaintiff cannot recover under the _________________________ approach but can recover under the _________________________ approach.
Fill in the blank(s) with the appropriate word(s).