NALA CERTIFIED PARALEGAL EXAM QUESTIONS WITH GUARANTEED ACCURATE ANSWERS
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Course
NALA CERTIFIED PARALEGAL
Institution
NALA CERTIFIED PARALEGAL
Estate administration - ACCURATE ANSWERS The process in which a decedent's personal representative settles the affairs of the decedent's estate (collects assets, pays debts and taxes, and distributes the remaining assets to heirs); the process is usually overseen by a probate court.
Inter vivos ...
NALA CERTIFIED PARALEGAL
EXAM QUESTIONS
NALA CERTIFIED PARALEGAL EXAM QUESTIONS WITH GUARANTEED ACCURATE
ANSWERS
Estate administration - ACCURATE ANSWERS✔✔ The process in
which a decedent's personal representative settles the affairs of the
decedent's estate (collects assets, pays debts and taxes, and distributes
the remaining assets to heirs); the process is usually overseen by a
probate court.
Inter vivos trust - ACCURATE ANSWERS✔✔ A trust created by the
grantor (settlor) and effective during the grantor's lifetime—that is, a
trust not established by a will.
Assault - ACCURATE ANSWERS✔✔ Any word or action intended to
make another person apprehensive or fearful of immediate physical
harm, a reasonably believable threat.
,Battery - ACCURATE ANSWERS✔✔ The intentional and offensive
touching of another without lawful justification.
Contributory Negligence - ACCURATE ANSWERS✔✔ A theory in tort
law under which a complaining party's own negligence contributed to
his or her injuries. This type of negligence is an absolute bar to recover
in some jurisdictions.
Comparative Negligence - ACCURATE ANSWERS✔✔ A theory in tort
law under which the liability for injuries resulting from negligent acts is
shared by all persons who were guilty of negligence (including the
injured party) on the basis of each person's proportionate carelessness.
Negligence per se - ACCURATE ANSWERS✔✔ An action or failure to
act in violation of a statutory requirement.
Strict Liability - ACCURATE ANSWERS✔✔ Liability regardless of
fault. In tort law, strict liability may be imposed on a merchant who
introduces into commerce a good that is so defective as to be
unreasonably dangerous.
,Agreement - ACCURATE ANSWERS✔✔ A meeting of the minds, and
a requirement for a valid contract. It involves two distinct events: an
offer to form a contract and the acceptance of that offer by the offeree.
Offer - ACCURATE ANSWERS✔✔ A promise or commitment to do or
refrain from doing some specified thing in the future.
Offeror - ACCURATE ANSWERS✔✔ The party making the offer.
Offeree - ACCURATE ANSWERS✔✔ The party to whom the offer is
made.
Acceptance - ACCURATE ANSWERS✔✔ In contract law, the offeree's
indication to the offeror that the offeree agrees to be bound by the terms
of the offeror's offer, or proposal to form a contract.
Mirror Image Rule - ACCURATE ANSWERS✔✔ A common law rule
that requires that the terms of the offeree's acceptance adhere exactly to
the terms of the offeror's offer for a valid contract to be formed.
Mailbox Rule - ACCURATE ANSWERS✔✔ A rule providing that an
acceptance of an offer takes effect at the time it is communicated via the
mode expressly or impliedly authorized by the offeror, rather than at the
time it is actually received by the offeror. If acceptance is to be by mail,
for example, it becomes effective the moment it is placed in the mailbox.
, Consideration - ACCURATE ANSWERS✔✔ Something of value, such
as money or the performance of an action not otherwise required, that
motivates the formation of a contract. Each party must give this for the
contract to be binding.
Promissory Estoppel - ACCURATE ANSWERS✔✔ A doctrine under
which a promise is binding if the promise is clear and definite, the
promisee justifiably relies on the promise, the reliance is reasonable and
substantial, and justice will be better served by enforcement of the
promise.
Contractual Capacity - ACCURATE ANSWERS✔✔ The threshold
mental capacity required by law for a party who enters into a contract to
be bound by that contract.
Statute of Frauds - ACCURATE ANSWERS✔✔ A state statute that
requires certain types of contracts to be in writing to be enforceable.
Uniform Commercial Code (UCC) - ACCURATE ANSWERS✔✔
Statutes adopted by all states, in part or in whole, that contain uniform
laws governing business transactions as defined in the code.
Rescission - ACCURATE ANSWERS✔✔ An action to undo, or
terminate, a contract-to return the contracting parties to the positions
they occupied prior to the transaction.
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