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Author Question: What term is used to describe a legal document that provides a person's wishes in case of a medical ... (Read 61 times)

Zulu123

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on: Aug 3, 2018
What term is used to describe a legal document that provides a person's wishes in case of a medical emergency?
 
  A) Legal Directive
  B) Living Will
  C) Power of Attorney
  D) Delegation of Death

Question 2

Flora is six months behind on her mortgage payments. The mortgagee bank has made several attempts to collect the delinquent payments from Flora but have been unsuccessful. Flora is considered in default. Explain the rights of the parties and possible outcomes.
 
  What will be an ideal response?


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fffftttt

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Reply #1 on: Aug 3, 2018
Answer to Question 1

B

Answer to Question 2

The mortgagee may invoke the acceleration clause in the mortgage and demand that Flora remit the entire amount due on the loan. The mortgagee may also institute foreclosure proceedings against Flora. Flora has a right of redemption to recover the real estate after default by paying outstanding debt. If she has the equity right of redemption, the right terminates at the foreclosure sale. If she lives in a jurisdiction that applies statutory redemption, Flora has six to twelve months after the sale to redeem the property.


Zulu123

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

bimper21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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