Kin and Mai, through their lawyer, present an abbreviated version of their case to a jury in a single day, and obtain an advisory verdict. This is called a Med-Arb trial.
Answer the following statement true (T) or false (F)
False
This is a summary jury trial which is a shortened version of a trial conducted in less than a day before an actual jury that then renders an advisory verdict in the case. On the day of the summary jury trial, lawyers from both sides present an abbreviated version of the case to an actual jury.
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Consideration can be either a promise to do a certain act or the performance of the act itself
a. True b. False Indicate whether the statement is true or false
Illya owes Jenny $1,000. In a separate deal, Kasey owes Illya $1,000. Illya unconditionally assigns his rights in the deal with Kasey to Jenny. Illya's right to the $1,000 is then
a. unchanged. b. extinguished. c. incidental. d. assigned to a court.
Gifts that a debtor is entitled to receive within 180 days after the petition is filed are part of the bankruptcy estate.
Answer the following statement true (T) or false (F)
Rationalization is one form of ethical analysis
Indicate whether the statement is true or false