In a credit transaction, the creditor will usually take a security interest through:

A) The mortgage note.
B) Collateral
C) A high interest rate.
D) All of the above.


B

Legal Studies & Paralegal

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?Which of the following is the first step you should take when researching a case of first impression?

A. ?See if there is an existing law that the judge might determine should apply to your case. B. ?Look to see if any other court has considered a similar legal issue and what that court concluded. C. ?Prepare some legal advice to offer the client. D. ?Start a log sheet of the hours you spend working on the case.

Legal Studies & Paralegal

The U.S. Supreme Court invalidated a lower court's application of California law, which resulted in the invalidation of a provision of an arbitration agreement, because it conflicted with the federal objective of encouraging speedy and efficient arbitration in:

A) Preston v. Ferrer. B) Riegel v. Medtronic, Inc. C) Crosby v. National Trade Council. D) AT&T v. Concepcion.

Legal Studies & Paralegal

An easement may be terminated by a knowing relinquishment of rights is known as

a. foreclosure b. abandonment c. release d. severance

Legal Studies & Paralegal

In addition to filing the inventory with the court, the personal representative has a duty to send a copy of the inventory to all of the beneficiaries and heirs of the estate, as well as any other interested parties

a. True b. False

Legal Studies & Paralegal