Author Question: Consideration is not required to establish or modify a letter of credit. Indicate whether the ... (Read 99 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Consideration is not required to establish or modify a letter of credit.
  Indicate whether the statement is true or false

Question 2

Sidney and Saul Jarvis were in an auto accident. Saul died at the scene of the accident. Sidney was hospitalized and died three days later. Sidney and Saul have three children. The Jarvises had no will. How is their property to be distributed?
 A)Saul's estate passes first to Sidney's estate and then to their three children
 B)Saul's estate passes to the children and Sidney's estate passes to Saul
 C)Sidney's estate passes to Saul and Saul's estate passes to Sidney
 D)Sidney's and Saul's estates pass as if each spouse had predeceased the other



Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

TRUE

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library