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houghtk2 houghtk2
wrote...
Posts: 553
Rep: 0 0
6 years ago
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



Q. #2

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



Q. #3

Using dynamite in which people are injured is an example of an abnormally dangerous activity.
 
  a. True
  b. False



Q. #4

Megan has the following assets: a checking account in her name alone, a car with Ralph listed as a co-owner on the title, a house in her name alone, and a life insurance policy. When Megan took out the life insurance policy, she named her mother as beneficiary, but her mother is now deceased. Megan is an only child. Which of Megan's assets would be probate assets if she died today?
 
  What will be an ideal response?



Q. #5

The main office for the Fifth Circuit Court of Appeals is Dallas, Texas.
 
  Indicate whether the statement is true or false



Q. #6

Intentional and outrageous conduct that causes mental suffering forms the basis of the tort of intentional infliction of emotional distress.
 
  a. True
  b. False



Q. #7

Negligence involves failing to act as a reasonable prudent person would act in the same or similar circumstances
 
  a. True
  b. False
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Replies
wrote...
6 years ago
(Answer to Q. 1)  a

(Answer to Q. 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.

(Answer to Q. 3)  a

(Answer to Q. 4)  The checking account, house, and life insurance would all be probate assets.

(Answer to Q. 5)  FALSE

(Answer to Q. 6)  a

(Answer to Q. 7)  a
houghtk2 Author
wrote...
6 years ago
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