« previous next »

Author Question: A(n) __________ is an undertaking by one person, for consideration, to pay another person a sum of ... (Read 106 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jun 24, 2018
A(n) __________ is an undertaking by one person, for consideration, to pay another person a sum of money in the event of a specified loss.
 A) absolute guaranty
 B) indemnity contract
 C) guaranty of payment
 D) suretyship

Question 2

Debbie Forester has passed away leaving a will that leaves all of her property to her children. The will provides that in the event one of her children predeceases her that the deceased child's inheritance is to be given equally to the deceased child's children. Debbie had three children: Anna, Ziggy, and Freud. Freud died prior to Debbie's passing. Freud had three children: Tolstoy, Boris, and Pasternak. The executor of Debbie's will is unclear about how to distribute the property shares. If the estate is distributed per stirpes, which of the following is correct?
 A)Anna, 1/5, Ziggy 1/5. and Tolstoy, Boris, and Pasternak each 1/5
 B)Anna and ZIggy each get one-half
 C)Anna, 1/3. Ziggy, 1/3, and Tolstoy, Boris, and Pasternak each get 1/3
 D)Anna, 1/3, Ziggy, 1/3, and Tolstoy, Boris, and Pasternak each get 1/9


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Cellular section from the brain of a person who died from Alzheimer's disease. Cellular section from the brain of a person who died from Alzheimer's disease.
Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive (A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many Edward Bellamy, author of the utopian novel Looking Backward (1888) Bellamy’s socialism worried many
How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ... How the Wernicke-Geschwind model works in a person who is responding to a heard question and reading ...
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library