Question: Could you please help me answer these following questions? These questions relate to Business Law subject. The fact that I do not see the correct
Could you please help me answer these following questions? These questions relate to Business Law subject. The fact that I do not see the correct subject on Chegg, so I just randomly choose my subject as operation management. I am so sorry for this inconvenience. thank you so much!!!
1. The major element for a gift causa mortis to be effective is that the donor dies within the expected time from the date the gift was made?
Group of answer choices
- True
- False
2. If Mark had given his son Greg a famous painting worth 2 million dollars with a note upon which was written, " I want to continue to enjoy the painting during my life but want you to have it upon my passing" This would qualify as a valid gift "intervivios"
Group of answer choices
- True
- False
3. A key element in property law, when two people (not husband and wife) buy real property as joint tenants. is how the property passes on the death of one of the two. For example, John and Mike buy black acre as joint tenants and John dies and he had two sons. Upon John's death, his two sons will now share ownership of the property with Mike
Group of answer choices
- True
- False
4. In a bailment for the sole benefit on the user the degree of care the user must exercise is "slight care"
Group of answer choices
- True
- False
5. The rule adopted by states to prevent a life insurance company from contesting information in the application for life insurance after a period of time (usually two or three years) is called an " incontestability" clause
Group of answer choices
- True
- False
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