Businesses organized in the U.S. are subject to:
A) U.S. laws.
B) Ethical duties in the conduct of its affairs.
C) Laws of countries where they operate.
D) All of the above.
D
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At common law, if man signed a child's birth certificate or completes an affidavit or acknowledgment of paternity, he is deemed to be the child's de facto father.
Answer the following statement true (T) or false (F)
The right of an insurance company to bring suit to reclaim funds it has indemnified: _____________________.
Fill in the blank(s) with the appropriate word(s).
Harvey is riding his bicycle, no-handed and at a very fast speed, down a park path. Trish, a jogger, accompanied by her dog Spot, who is leashed, is approaching Harvey from the other direction. Because he knows that he is bigger and faster on his bike, Harvey expects Trish to move out of his way. But Trish does not and, as Harvey passes her, he side-swipes Trish, knocking her to the ground and
injuring her. Spot is inadvertently released when Trish falls, and he runs off into the road. Monty is driving carefully down the road. Seeing Spot running into his path, Monty drives off the road and onto the sidewalk, damaging his wheel alignment when he crosses the curb. Grandma Jenkins is babysitting young Elvis, his grandson. Elvis is playing hopscotch on the sidewalk. Fortunately, Monty's veering car stops far short of Elvis, and the boy is uninjured. Unfortunately, Grandma Jenkins, observing the car veering off the road and heading straight for her grandson, suffers a heart attack. Is Harvey liable, in negligence, for Grandma Jenkins's heart attack? Why or why not?
A joint bank account is a common example of a non-probate asset
a. True b. False