This topic contains a solution. Click here to go to the answer

Author Question: The doctrine of assumption of the risk provides that people who knowingly and voluntarily agree to ... (Read 80 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
The doctrine of assumption of the risk provides that people who knowingly and voluntarily agree to assume a particular risk cannot later sue for injuries that occurred because of the risk.
 
  a. True
  b. False

Question 2

Differentiate between probate and non-probate assets and provide examples of each.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

a

Answer to Question 2

Probate assets are property of a decedent that must be distributed through a probate proceeding in a court of law. Probate assets are generally those assets that were titled solely in the decedent's name at death, such as a bank account in sole name, a car in sole name, etc. Non-probate assets pass outside of probate to the surviving joint owner or a beneficiary. Examples include a joint bank account, a bank account with a pay on death (POD) designation, and life insurance with a named beneficiary.




SO00

  • Member
  • Posts: 568
Reply 2 on: Aug 3, 2018
Excellent


bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library