978-0538496902 Chapter 20 Part 2

subject Type Homework Help
subject Pages 9
subject Words 3178
subject Authors Amanda Morrison, John E. Adamson

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
11.ȱAȱresultingȱtrustȱwouldȱneedȱtoȱbeȱcreatedȱthatȱwouldȱbenefitȱtheȱWiensȱorȱanyȱ
newȱbeneficiaryȱtheyȱmightȱchoose.ȱ
Practice Activity
1.ȱAȱconstructiveȱtrustȱmustȱbeȱsetȱupȱforȱtheȱchildren.ȱAȱconstructiveȱtrustȱisȱaȱreȬ
lationshipȱimposedȱbyȱoperationȱofȱlawȱasȱaȱremedyȱtoȱredressȱwrongsȱorȱtoȱ
2.ȱTheȱtrustȱshouldȱincludeȱallȱtheȱgrandchildren,ȱbothȱbiologicalȱandȱadopted.ȱTheȱ
courtȱruledȱthatȱtheȱcommonȱlawȱruleȱthatȱanȱadoptedȱchildȱisȱnotȱwithinȱtheȱ
Reteach
Enrichment Activity
Unit 4 Tests 16–20
4-79
page-pf2
ANSWERS TO TEST QUESTIONS
SECTIONȱIȱ
ȱ
SECTION II
ȱ
SECTION III
21.ȱGenerally,ȱintestacyȱstatutesȱcallȱforȱaȱsurvivingȱspouseȱtoȱreceiveȱoneȬthirdȱtoȱ
oneȬhalfȱofȱtheȱestateȱwithȱtheȱremainderȱdividedȱequallyȱamongȱtheȱchildrenȱafȬ
ȱ
Chapter 20 Wills, Trusts, and Estates
4-80
page-pf3
STUDENT _______________________________________ CLASS _______________________ DATE _________
ȱ
UNITȱ4ȱ
CHAPTERSȱ
16–20ȱ
TESTȱAȱ
SECTION I—IDENTIFY LEGAL TERMS
Directions:ȱInȱtheȱAnswersȱcolumn,ȱwriteȱtheȱletterȱfromȱColumnȱ1ȱthatȱrepresentsȱ
heȱwordȱorȱphraseȱthatȱmatchesȱtheȱstatementȱinȱColumnȱ2.ȱt
Columnȱ1ȱ
A.ȱbaileeȱ
B.ȱbailorȱ
C.ȱcasualtyȱȱ
insuranceȱ
D.ȱconstructiveȱȱ
trustȱ
E.ȱeasementsȱ
F.ȱeminentȱdomainȱ
G.ȱfeeȱsimpleȱȱ
absoluteȱ
H.ȱrightȱofȱpartitionȱ
I.ȱsocialȱinsuranceȱ
J.ȱspendthriftȱtrustsȱ
K.ȱtenancyȱatȱwillȱ
ȱ
Columnȱ2ȱ
1.ȱTheȱSocialȱSecurityȱActȱprovidesȱthisȱtypeȱ
ofȱinsurance.ȱ
2
.ȱAnȱattributeȱcommonȱtoȱcoȬownershipȱ
3.ȱTheȱpartyȱwhoȱgivesȱupȱtemporaryȱpossesȬ
sionȱofȱtheȱpropertyȱ
4
.ȱTheȱestateȱwithȱallȱofȱtheȱownershipȱrightsȱ
5.ȱTheȱpowerȱofȱtheȱgovernmentȱtoȱtakeȱpriȬ
vateȱpropertyȱforȱpublicȱuseȱinȱexchangeȱ
forȱtheȱfairȱmarketȱpriceȱ
6.ȱIrrevocableȱrightsȱtoȱsomeȱlimitedȱuseȱofȱ
anothersȱlandȱ
7.ȱPossessingȱlandȱwithȱtheȱownersȱpermisȬ
sionȱbutȱwithoutȱanȱagreementȱ
8.ȱCoverageȱforȱaȱvarietyȱofȱspecificȱsituationsȱ
inȱwhichȱtheȱintentional,ȱnegligent,ȱorȱacciȬ
dentalȱactsȱofȱothersȱorȱmereȱchanceȱmayȱ
resultȱinȱlossȱ
9.ȱProtectsȱtheȱbeneficiarysȱinterestȱinȱtheȱ
subjectȱpropertyȱfromȱtheȱbeneficiarysȱ
creditorsȱ
10.ȱRequiresȱaȱpersonȱholdingȱpropertyȱtoȱ
transferȱitȱtoȱanotherȱbecauseȱretentionȱofȱ
theȱpropertyȱwouldȱbeȱaȱwrongfulȱandȱunȬ
justȱenrichmentȱofȱtheȱholderȱ
Answers
ȱȱȱ1.ȱȱ ȱ
ȱ
ȱȱȱ2.ȱȱ ȱ
ȱȱȱ3.ȱȱ ȱ
ȱ
ȱȱȱ4.ȱȱ ȱ
ȱȱȱ5.ȱȱ ȱ
ȱ
ȱ
ȱȱȱ6.ȱȱ ȱ
ȱ
ȱȱȱ7.ȱȱȱ
ȱ
ȱȱȱ8.ȱȱ ȱ
ȱ
ȱ
ȱ
ȱȱȱ9.ȱȱ ȱ
ȱ
ȱ
ȱ10.ȱȱ ȱ
ȱ
Unit 4 Tests 16–20
4-81
page-pf4
SECTION II—THINK CRITICALLY ABOUT LEGAL CONCEPTS
Directions:ȱPlaceȱaȱTȱforȱTrueȱorȱanȱFȱforȱFalseȱinȱtheȱAnswersȱcolumnȱtoȱshowȱ
hetherȱeachȱofȱtheȱfollowingȱstatementsȱisȱtrueȱorȱfalse.ȱw
Answers
11.ȱLawsȱtoȱprotectȱtheȱpublicȱhealth,ȱsafety,ȱmorals,ȱandȱgeneralȱwelȬ
fareȱmayȱlimitȱaȱpropertyȱownersȱfreedomȱofȱuseȱofȱtheȱproperty.ȱ
12.ȱEvenȱthoughȱtheȱsharesȱmayȱbeȱunequal,ȱthereȱisȱaȱrightȱofȱsurviȬ
vorshipȱinȱtheȱtenancyȱinȱcommon.ȱ
13.ȱInȱorderȱforȱaȱbailmentȱtoȱarise,ȱbothȱpossessionȱandȱcontrolȱofȱtheȱ
14.ȱAȱbailmentȱforȱservicesȱarisesȱwhenȱtheȱbailor,ȱforȱaȱfee,ȱprovidesȱ
personalȱproperty.ȱ
15.ȱGrapevinesȱandȱroseȱbushesȱareȱrealȱproperty,ȱbutȱtheȱgrapesȱandȱ
rosesȱraisedȱandȱharvestedȱwouldȱbeȱpersonalȱproperty.ȱ
16.ȱStatesȱcanȱenforceȱzoningȱordinancesȱevenȱwhenȱtheyȱexceedȱtheȱ
constitutionalȱpowersȱofȱtheȱstate.ȱ
17.ȱItȱisȱtheȱpossessorsȱdutyȱtoȱtheȱtrespasserȱtoȱkeepȱtheȱlandȱinȱaȱ
reasonablyȱsafeȱcondition.ȱ
18.ȱMostȱleasesȱconstituteȱaȱblendingȱofȱtheȱlawȱofȱconveyanceȱandȱtheȱ
19.ȱAnyȱpersonȱwhoȱwouldȱsufferȱaȱdirectȱandȱmeasurableȱmonetaryȱ
lossȱifȱpropertyȱwereȱdamagedȱorȱdestroyedȱhasȱanȱinsurableȱinterȬ
estȱinȱthatȱproperty.ȱ
20.ȱAȱlivingȱwillȱisȱaȱvalidȱwillȱmadeȱwhileȱtheȱmakerȱisȱstillȱliving.ȱ
ȱ
ȱ11.ȱ_____ȱ
ȱ
ȱȱ12.ȱ_____ȱ
ȱȱ
ȱȱ13.ȱ_____ȱ
ȱ
ȱ14.ȱ_____ȱ
ȱȱ
ȱ
ȱ15.ȱ_____ȱ
ȱȱ
ȱ
ȱ16.ȱ_____ȱ
ȱȱ
ȱȱ17.ȱ_____ȱ
ȱȱ
ȱ
ȱ18.ȱ_____ȱ
ȱ
ȱ19.ȱ_____ȱ
ȱȱ
ȱ
ȱȱ20.ȱ_____
SECTION III—APPLY LEGAL PRACTICES
Directions:ȱInȱtheȱAnswersȱcolumnȱatȱtheȱrightȱofȱeachȱstatement,ȱwriteȱtheȱletterȱthatȱ
epresentsȱtheȱword,ȱorȱgroupȱofȱwords,ȱthatȱcorrectlyȱcompeteȱtheȱstatement.ȱr
Answers
21.ȱGoodsȱsuchȱasȱone’sȱcar,ȱclothing,ȱorȱwatchȱareȱ(a)ȱintangibleȱperȬ
sonalȱproperty,ȱ(b)ȱtangibleȱpersonalȱproperty,ȱ(c)ȱrealȱproperty,ȱ(d)ȱ
intellectualȱpropertyȱ
21.ȱ_____ȱ
22.ȱWhenȱtheȱownerȱknowinglyȱleavesȱtheȱpropertyȱsomewhereȱbutȱ
thenȱforgetsȱit,ȱtheȱpropertyȱisȱconsideredȱ(a)ȱabandoned,ȱ(b)ȱlost,ȱ
(c)ȱmislaid,ȱ(d)ȱworthlessȱ
22.ȱ_____ȱ
23.ȱWhenȱonlyȱoneȱofȱtheȱpartiesȱbenefitsȱfromȱtheȱbailment,ȱ(a)ȱanȱexȬ
traordinaryȱbailmentȱarises,ȱ(b)ȱanȱinvoluntaryȱbailmentȱarises,ȱȱȱȱ(c)ȱ
aȱgratuitousȱbailmentȱarises,ȱ(d)ȱaȱmutualȬbenefitȱbailmentȱarisesȱ
23.ȱ_____ȱ
4-82 Unit 4 Tests 16–20
page-pf5
SECTION III (Concluded)
Answers
24.ȱOftenȱmerchantsȱattemptȱtoȱmodifyȱtheȱdutyȱofȱcareȱwithȱ(a)ȱaȱconȬ
tract,ȱ(b)ȱaȱdisclaimer,ȱ(c)ȱlegislation,ȱ(d)ȱanyȱofȱtheseȱ
24.ȱ_____ȱ
25.ȱWhenȱyouȱpurchaseȱland,ȱyouȱalsoȱgainȱownershipȱofȱ(a)ȱtheȱairȱ
spaceȱaboveȱtheȱsurface,ȱ(b)ȱtheȱmineralȱrightsȱunderneathȱtheȱsurȬ
face,ȱ(c)ȱtheȱwaterȱrightsȱonȱandȱunderȱtheȱsurface,ȱ(d)ȱallȱofȱtheseȱ
25.ȱ_____ȱ
26.ȱAȱpromiseȱinvolvingȱlandȱuseȱbetweenȱaȱbuyerȱandȱsellerȱofȱlandȱ
thatȱmustȱbeȱinȱwritingȱisȱcalledȱ(a)ȱanȱeasement,ȱ(b)ȱanȱordinance,ȱ
(c)ȱaȱcovenant,ȱ(d)ȱaȱvarianceȱ
26.ȱ_____ȱ
27.ȱTheȱtenantȱhasȱtheȱrightȱtoȱ(a)ȱpossession,ȱ(b)ȱuseȱtheȱproperty,ȱȱ
(c)ȱsubletȱtheȱpremises,ȱ(d)ȱallȱofȱtheseȱ
27.ȱ_____ȱ
28ȱUnderȱtheȱFairȱHousingȱAct,ȱ(a)ȱtheȱlandlordȱmustȱallowȱaȱhandiȬ
cappedȱpersonȱtoȱmodifyȱtheȱpropertyȱonȱtheȱconditionȱthatȱitȱwillȱ
beȱreturnedȱtoȱitsȱoriginalȱconditionȱatȱtheȱendȱofȱtheȱlease,ȱ(b)ȱtenȬ
antsȱwithȱchildrenȱmayȱstayȱinȱfacilitiesȱspecifiedȱ“housingȱforȱ
olderȱpersons,”ȱ(c)ȱtheȱlandlordȱmayȱrefuseȱtenantsȱwhoȱcannotȱ
speakȱtheȱnativeȱlanguageȱofȱtheȱcommunity,ȱ(d)ȱnoneȱofȱtheseȱ
28.ȱ_____ȱ
29.ȱWhichȱofȱtheȱfollowingȱisȱnotȱconsideredȱaȱmanagedȬcareȱhealthȱ
insuranceȱplan?ȱ(a)ȱHMO,ȱ(b)ȱPPO,ȱ(c)ȱMedicareȱ(d)ȱnoneȱofȱtheseȱ
29.ȱ_____ȱ
30.ȱAȱwillȱthatȱwasȱwrittenȱentirelyȱbyȱtheȱdecedent’sȱownȱhandȱandȱ
signedȱbyȱhimȱorȱherȱisȱ(a)ȱaȱcodicil,ȱ(b)ȱaȱholographicȱwill,ȱ(c)ȱaȱ
nuncupativeȱwill,ȱ(d)ȱaȱtestamentaryȱtrustȱ
30.ȱ_____ȱ
SECTION IV—DEMONSTRATE LEGAL IDEAS
31.ȱExplainȱtheȱdifferencesȱbetweenȱaȱjointȱtenancy,ȱaȱtenancyȱinȱcommon,ȱandȱaȱ
tenancyȱbyȱtheȱentireties.
Unit 4 Tests 16–20 4-83
page-pf6
32.ȱListȱtheȱthreeȱbasicȱrequirementsȱinȱalmostȱeveryȱstateȱtoȱmakeȱaȱvalidȱwill.ȱ
4-84 Unit 4 Tests 16–20
page-pf7
STUDENT _______________________________________ CLASS _______________________ DATE _________
ȱ
UNITȱ4ȱ
CHAPTERSȱ
16–20ȱ
TESTȱBȱ
SECTION I—IDENTIFY LEGAL TERMS
Directions:ȱPlaceȱaȱTȱforȱTrueȱorȱanȱFȱforȱFalseȱinȱtheȱAnswersȱcolumnȱtoȱshowȱ
hetherȱeachȱofȱtheȱfollowingȱstatementsȱisȱtrueȱorȱfalse.ȱw
Answers
1.ȱAllȱconcernedȱusuallyȱbenefitȱifȱtheȱdecedentȱdiesȱtestate,ȱorȱleavȬ
ingȱaȱwill.ȱ
2.ȱOwnershipȱinȱseveraltyȱexistsȱwhenȱseveralȱpersonsȱhaveȱownerȬ
shipȱrightsȱinȱtheȱsameȱproperty.ȱ
3.ȱInȱtheȱbailmentȱrelationship,ȱtheȱbailorȱisȱtheȱpartyȱwhoȱacceptsȱ
possessionȱandȱcontrol.ȱ
4.ȱWithȱconsignment,ȱownershipȱremainsȱwithȱtheȱmanufacturerȱorȱ
wholesalerȱ(theȱbailor)ȱuntilȱtheȱgoodsȱareȱsold.ȱ
5.ȱWhenȱanȱestateȱisȱtransferredȱfromȱaȱgrantorȱtoȱaȱgranteeȱbyȱdeed,ȱ
theȱtransactionȱisȱcalledȱaȱconveyance.ȱ
6.ȱTheȱpossessorȱofȱlandȱhasȱtheȱdutyȱtoȱdiscloseȱtoȱtheȱlicenseeȱanyȱ
knownȱnonobviousȱdangersȱonȱtheȱland.ȱ
8.ȱAtȱtheȱendȱofȱtheȱleaseȱterm,ȱtheȱlandlordȱhasȱtheȱrightȱtoȱregainȱ
theȱpossessionȱandȱanyȱfixturesȱaddedȱtoȱtheȱrealtyȱbyȱtheȱtenant.ȱ
9.ȱLiabilityȱinsuranceȱisȱaȱtypeȱofȱsocialȱinsuranceȱthatȱindemnifiesȱ
againstȱpersonalȱinjuryȱandȱpropertyȱdamageȱclaimsȱforȱwhichȱtheȱ
insuredȱisȱlegallyȱresponsible.ȱ
10.ȱTheȱlawȱmakesȱprovisionsȱforȱatȱleastȱtwoȱtypesȱofȱimpliedȱtrustsȱ
whichȱnearlyȱalwaysȱariseȱwhenȱanȱattemptȱatȱcreatingȱanȱexpressȱ
trustȱfails.ȱ
ȱȱȱ1.ȱȱ ȱ
ȱ
ȱȱȱ2.ȱȱ ȱ
ȱ
ȱȱȱ3.ȱȱ ȱ
ȱ
ȱȱȱ4.ȱȱ ȱ
ȱ
ȱȱȱ5.ȱȱ ȱ
ȱ
ȱȱȱ6.ȱȱ ȱ
ȱ
ȱ
ȱȱȱ8.ȱȱ ȱ
ȱ
ȱȱȱ9.ȱȱ ȱ
ȱ
ȱ
ȱ10.ȱȱ ȱ
Unit 4 Tests 16–20 4-85
page-pf8
SECTION II—THINK CRITICALLY ABOUT LEGAL CONCEPTS
Directions:ȱInȱtheȱAnswersȱcolumnȱatȱtheȱrightȱofȱeachȱstatement,ȱwriteȱtheȱletterȱthatȱ
epresentȱtheȱword,ȱorȱgroupȱofȱwords,ȱthatȱcorrectlyȱcompleteȱtheȱstatement.ȱr
Answers
11.ȱWhichȱofȱtheȱfollowingȱisȱnotȱanȱexampleȱofȱcoȬownership?ȱȱ
11.ȱ_____ȱ
12.ȱAȱbailmentȱmayȱendȱ(a)ȱifȱtheȱbailedȱpropertyȱisȱdestroyed,ȱ(b)ȱifȱ
oneȱpartyȱdeclaresȱbankruptcy,ȱ(c)ȱifȱtheȱpartiesȱmutuallyȱagreeȱtoȱ
endȱit,ȱ(d)ȱanyȱofȱtheseȱ
12.ȱ_____ȱ
13.ȱWhenȱtheȱbaileeȱwillȱbeȱstrictlyȱliableȱforȱanyȱdamage,ȱloss,ȱorȱinȬ
juryȱtoȱtheȱgoods,ȱtheȱdutyȱofȱcareȱisȱ(a)ȱextraordinary,ȱ(b)ȱfungible,ȱ
(c)ȱminimal,ȱ(d)ȱordinaryȱ
13.ȱ_____ȱ
14.ȱDistinguishingȱrealȱandȱpersonalȱpropertyȱrequiresȱaȱdeterminationȱ
ofȱwhetherȱ(a)ȱtheȱpropertyȱisȱpermanentlyȱattachedȱtoȱtheȱland,ȱ(b)ȱ
anȱitemȱisȱbuiltȱintoȱtheȱwallȱofȱaȱstructure,ȱ(c)ȱcropsȱareȱharvestedȱ
lessȱfrequentlyȱthanȱoneȱyear,ȱ(d)ȱallȱofȱtheseȱ
14.ȱ_____ȱ
15.ȱTheȱownershipȱofȱrealȱpropertyȱisȱtransferredȱthroughȱaȱwillȱbyȱ(a)ȱ
adverseȱpossession,ȱ(b)ȱdedication,ȱ(c)ȱdeed,ȱ(d)ȱinheritanceȱ
15.ȱ_____ȱ
16.ȱEasementsȱthatȱdoȱnotȱbenefitȱneighboringȱland,ȱbutȱbenefitȱaȱperȬ
16.ȱ_____ȱ
17.ȱȱAȱleaseholdȱforȱaȱdefiniteȱperiodȱofȱtimeȱidentifyingȱaȱspecificȱdateȱ
forȱtheȱendingȱofȱtheȱleaseȱisȱ(a)ȱaȱperiodicȱtenancy,ȱ(b)ȱtenancyȱatȱ
sufferance,ȱ(c)ȱtenancyȱforȱyears,ȱ(d)ȱtenancyȱatȱwillȱ
17.ȱ_____ȱ
18ȱTheȱmostȱimportantȱtenantȱdutyȱisȱpayingȱtheȱrentȱonȱtime,ȱbutȱaȱ
tenantȱalsoȱhasȱaȱdutyȱ(a)ȱofȱcareȱtoȱthoseȱwhoȱenterȱtheȱproperty,ȱ
(b)ȱofȱreasonableȱcareȱtoȱreturnȱtheȱpropertyȱinȱsameȱcondition,ȱȱ
(c)ȱofȱmaintainingȱpublicȱareas,ȱ(d)ȱbothȱaȱandȱbȱ
18.ȱ_____ȱ
19.ȱAutomobileȱinsurance,ȱinsuranceȱagainstȱcriminalȱactivity,ȱaccidentȱ
healthȱinsurance,ȱworkers’ȱcompensationȱinsurance,ȱandȱliabilityȱ
insuranceȱallȱfallȱunderȱtheȱmajorȱinsuranceȱclassificationȱofȱ(a)ȱ
casualty,ȱ(b)ȱfidelity,ȱ(c)ȱinlandȱmarine,ȱ(d)ȱsocialȱ
19.ȱ_____ȱ
20.ȱAȱwillȱcanȱbeȱcompletelyȱrevoked,ȱratherȱthanȱbeingȱamended,ȱbyȱ
(a)ȱdoingȱsomethingȱtoȱtheȱwillȱthatȱclearlyȱindicatesȱintentȱtoȱreȬ
vokeȱit,ȱsuchȱasȱdestroyingȱorȱdefacingȱit,ȱ(b)ȱaȱwrittenȱrevocationȱinȱ
aȱlaterȱwill,ȱ(c)ȱdivorce,ȱ(d)ȱeitherȱaȱorȱbȱ
20.ȱ_____ȱ
4-86 Unit 4 Tests 16–20
page-pf9
SECTION III—APPLY LEGAL PRACTICES
Directions:ȱInȱtheȱspacesȱprovided,ȱwriteȱtheȱword(s)ȱneededȱtoȱmakeȱtheȱsentenceȱaȱ
correctȱstatement.ȱ(fixture,ȱinsurableȱinterest,ȱintellectualȱproperty,ȱlifeȱestate,ȱminiȬ
mal,ȱnonȬfreeholdȱestate,ȱnuncupativeȱwill,ȱpreȬexistingȱcondition,ȱtenancyȱatȱsufȬ
ferance,ȱtestamentaryȱcapacity)ȱ
Answers
21.ȱ
tradeȱsecrets,ȱserviceȱmarks,ȱandȱtrademarksȱareȱexȬ
amplesȱofȱȱ ____________________.ȱ
22.ȱAnȱillnessȱtheȱinsuredȱisȱorȱshouldȱbeȱawareȱof,ȱorȱisȱ
beingȱtreatedȱfor,ȱbeforeȱaȱhealthȱinsuranceȱpolicyȱ
startsȱisȱcalledȱa(n)ȱȱ __________________.ȱ
22.ȱ___________________ȱ
23.ȱWhenȱtheȱbaileeȱmustȱnotȱignore,ȱwaste,ȱorȱdestroyȱ
theȱbailedȱproperty,ȱtheȱdutyȱofȱcareȱisȱȱ _____.ȱ
23.ȱ___________________ȱ
24.ȱWhenȱpersonalȱpropertyȱisȱpermanentlyȱattachedȱtoȱ
realty,ȱitȱisȱcalledȱa(n)ȱȱ__________.ȱ
24.ȱ___________________ȱ
25.ȱTheȱrightȱofȱpossessionȱandȱexercisingȱallȱtheȱownerȬ
shipȱpowersȱexceptȱtheȱrightȱtoȱpermanentlyȱdisposeȱ
ofȱtheȱpropertyȱgoesȱwithȱa(n)ȱȱ __________.ȱ
25.ȱ___________________ȱ
26.ȱAȱtenancyȱthatȱinvolvesȱownershipȱforȱaȱlimitedȱpeȬ
riodȱofȱtimeȱisȱcalledȱa(n)ȱȱ __________.ȱ
26.ȱ___________________ȱ
27.ȱWhenȱaȱtenantȱremainsȱinȱpossessionȱafterȱaȱleaseȱ
hasȱexpired,ȱitȱcreatesȱa(n)ȱȱ ______________.ȱ
27.ȱ___________________ȱ
28.ȱAȱpersonȱacquiringȱinsuranceȱbecauseȱtheyȱhaveȱtheȱ
potentialȱtoȱsustainȱlossȱisȱsaidȱtoȱhaveȱa(n)ȱȱ ______.ȱ
28.ȱ___________________ȱ
29.ȱWhenȱtheȱtestatorȱknowsȱtheȱkindȱandȱextentȱofȱtheȱ
propertyȱinvolved,ȱtheȱpersonsȱwhoȱstandȱtoȱbenefit,ȱ
andȱthatȱheȱorȱsheȱisȱmakingȱarrangementsȱtoȱdisȬ
poseȱofȱhisȱorȱherȱpropertyȱafterȱdeath,ȱtheȱtestatorȱisȱ
saidȱtoȱhaveȱȱ _________________.ȱ
29.ȱ___________________ȱ
30.ȱAnȱoralȱwill,ȱrecognizedȱinȱsomeȱstatesȱifȱproclaimedȱ
duringȱtheȱmaker’sȱlastȱillnessȱorȱbyȱserviceȱpersonȬ
nelȱonȱactiveȱduty,ȱisȱcalledȱa(n)ȱȱ ___________.ȱ
30.ȱ___________________ȱ
Unit 4 Tests 16–20 4-87
page-pfa
SECTION IV—DEMONSTRATE LEGAL IDEAS
31.ȱListȱatȱleastȱfiveȱwaysȱofȱacquiringȱproperty.ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
ȱ
32.ȱListȱtheȱsevenȱmajorȱtypesȱofȱinsuranceȱandȱgiveȱaȱbriefȱdescriptionȱofȱeach.ȱ
4-88 Unit 4 Tests 16–20
page-pfb
ANSWERS TO UNIT 4 TEST A
SECTION I
SECTION II
SECTION III
SECTION IV
31.ȱAnswersȱmayȱvaryȱbutȱshouldȱincludeȱmostȱofȱtheȱfollowingȱinformation:ȱJointȱtenȬ
ancyȱisȱtheȱequalȱcoȬownershipȱofȱtheȱsameȱpropertyȱwithȱtheȱrightȱofȱsurvivorship.ȱ
32.ȱAnswersȱwillȱvaryȱbutȱshouldȱincludeȱtheȱfollowingȱinformation:ȱ(1)ȱTheȱtestatorȱ
mustȱhaveȱtestamentaryȱintent.ȱAȱpersonȱmustȱnotȱbeȱpressuredȱintoȱsigningȱtheȱ
documentȱagainstȱhisȱorȱherȱdesiresȱbyȱtheȱundueȱinfluenceȱofȱothers.ȱLikewise,ȱtheȱ
ȱ
ȱ
ȱ
ȱ
Unit 4 Tests 16–20 4-89
page-pfc
ANSWERS TO UNIT 4 TEST B
ȱ
SECTIONȱIȱ
ȱ
ȱ
SECTIONȱIIȱ
ȱ
ȱ
SECTIONȱIIIȱ
SECTIONȱIVȱ
31.ȱAnswersȱshouldȱincludeȱsomeȱofȱtheȱfollowingȱinformation:ȱRealȱorȱpersonalȱpropȬ
ertyȱisȱmostȱcommonlyȱacquiredȱbyȱcontract,ȱgift,ȱorȱinheritance.ȱInȱaddition,ȱperȬ
tion,ȱandȱeminentȱdomain.ȱ
32.ȱAnswersȱmayȱvaryȱbutȱshouldȱincludeȱmostȱofȱtheȱfollowingȱinformation:ȱ(1)ȱ
Lifeȱinsuranceȱpaysȱtheȱbeneficiaryȱaȱsetȱamountȱuponȱtheȱdeathȱofȱaȱspecifiedȱ
person.ȱ(2)ȱPropertyȱinsuranceȱisȱintendedȱtoȱindemnifyȱforȱharmȱtoȱtheȱinȬ
sured’sȱpersonalȱorȱrealȱpropertyȱbroughtȱaboutȱbyȱperilsȱsuchȱasȱfire,ȱtheft,ȱandȱ

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.