Kathleen is thinking about petitioning for bankruptcy. Before doing so, she sells her prize stallion that is worth $10,000 to Julia for $100 with the understanding that Julia will sell the stallion back for the same price in the future. The sale of the stallion is an example of a(n)
A. illegal sale
B. fraudulent transfer.
C. bankruptcy transfer.
D. liquidation.
Answer: B
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It is best not to plead inconsistent facts where verification is required.
Answer the following statement true (T) or false (F)
Attorney Ava has a small law office in the State of Mesero that represents over 400 little corporations. They have very few legal problems, but the corporate structure requires upkeep - things like annual meetings of shareholders and changes of by laws to conform to changing law. This year Mesero changed its law to require the shareholders of small corporations to meet twice each year instead of
once. Ava hires a freelance paralegal (Madison) to contact all of Ava's clients and walk them through the process of updating their by laws, giving notice of the meeting, taking meeting minutes, and getting all of the correct signatures on all of the documents. Ava is concerned about Madison committing UPL by speaking on the phone with clients and answering their questions. What should Ava and Madison do? A) They should not worry about Madison speaking on the phone. So long as Ava is present in the office, Madison will not be committing UPL when she answers questions. B) Nothing they can do. It will be UPL if Madison makes these phone calls. C) Ava and Madison should create a script for Madison to read from. When a client asks a question, Madison can read the answer from the script. D) Ava and Madison can rehearse what answers Madison should give to typical questions clients will have
Explain the advantages and disadvantages of the workers’ compensationsystem for both employers and employees.
What will be an ideal response?
The first step in researching the A.L.R. is to locate the A.L.R. General Index for the appropriate series
Indicate whether the statement is true or false