Multiple Choice Questions 1. A decedent's will provided that the estate was to be divided among the

Question:

Multiple Choice Questions
1. A decedent's will provided that the estate was to be divided among the decedent's issue per capita and not per stirpes. If there are two surviving children and three grandchildren who are children of a predeceased child at the time the will is probated, how will the estate be divided?
(a) 1⁄2 to each surviving child
(b) 1⁄3 to each surviving child and 1⁄9 to each grandchild
(c) 1⁄4 to each surviving child and 1⁄6 to each grandchild
(d) 1⁄5 to each surviving child and grandchild
2. Hallie is telling her cousin Anne about the will she has just executed. "Because of my broken arm, I couldn't sign my name, so I just told Bertrand, the lawyer, to sign it for me. Bertrand was also the witness to the will." Anne said, "You made a big mistake:
I. You should have made at least some sort of mark on the paper."
II. The lawyer is not permitted to witness the will."
III. You did not have enough witnesses."
Which of Anne's statements is true?
(a) I, II, and III
(b) Neither I, II nor III
(c) Just I
(d) Just II
(e) Just III
3. Owen does not want to leave any money to his son, Kevin. What must he do to achieve this goal?
I. Nothing. If he dies without a will, Kevin will inherit nothing.
II. Make a will that leaves nothing to Kevin.
III. Leave Kevin $1 in his will.
(a) I, II or III.
(b) II or III.
(c) Just I.
(d) Just II.
(e) Just III.
4. Lauren a resident of Kansas appointed her husband to be her health care proxy. Now that she is dying of cancer and suffering terribly, she is begging her husband and her doctors to kill her. Which of the following statements is true?
I. If she goes into a coma, her husband has the right to direct her doctors to withhold treatment.
II. Her doctor has the right to give her an overdose of pills that will kill her.
III. Her husband has the right to give her an overdose of pills that will kill her.
(a) I, II and III.
(b) Neither I, II nor III.
(c) Just I.
(d) Just II.
(e) Just III.
5. Blake tells his client that there are five good reasons to set up a trust. Which of the following is not a good reason?
(a) To pay his grandchildren's college tuition if they go to the same college he attended.
(b) To save money, since a trust is cheaper than a will.
(c) To make sure the money is properly invested.
(d) To avoid probate.
(e) To safeguard his privacy.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction to Business Law

ISBN: 978-1285860398

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

Question Posted: