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Contracts Funeral: Questions & Accurate A+ Solutions
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Contracts Funeral: Questions & Accurate A+ Solutions
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Contracts Funeral: Questions & Accurate A+ Solutions If an individual was intoxicated when the contractual portion of the Statementof Funeral Goods and Services Selected was signed, the contact is: Right Ans - Voidable
The person who brings an action in court is the: Right Ans - Plaintiff
The right to purchase new shares in proportion to shares owned is termed Right Ans - Right by estoppel
Consideration in a contract could be:
1-Personal property
2-Money
3-A promise of a service Right Ans - 1, 2, and 3 only
When two or more persons enter into a contract with one or more other persons, the contract may be:
1-Joint
3-Several Right Ans - 1 and 3 only
" " protects a firm against losses due to the death of a key employee. Right Ans - Key person life insurance
The party who assigns a contract is the Right Ans - Assignor
Insurance that covers business liability to customers and others who might be
injured from the product sold to them is called Right Ans - Liability insurance
Criminal law is concerned with: Right Ans - A wrong against the public as a whole
In Mortuary Law, the term "dead human body" is synonymous with: Right Ans - Corpse
An intentional statement of false facts upon which an injured party relied in decision to enter into a contract, to their detriment is: Right Ans - Fraud " " allows the insured, rather than the beneficiary, to collect the face value of the policy upon maturity or to collect that value in annual payments. Right Ans - Endowment life insurance
The party to whom a contract is assigned is called the: Right Ans - Assignee
The term that is used when all the terms of a contract have been fully performed by the contracting parties is: Right Ans - Executed
A is danger or loss from which the insured is protected, according to contract's terms. Right Ans - Risk
Personal property permanently attached to land is known as a Right Ans - Fixture
A notice of complaint given to a defendant defining the complaint and a time frame in which an answer must be received is a(n): Right Ans - Summons
Unauthorized embalming may be viewed by the courts as which type of violation? Right Ans - Mutilation
A check that the bank draws on its own funds and is signed by a responsible bank official is called a:
Answer Right Ans - Cashier's check
Requirements for a valid offer must:
1-Include a specific time duration
3-Be definite
4-Be seriously intended Right Ans - 1, 3, and 4 only
Types of endorsements include which of the following?
2-Special
3-Qualified
4-Restrictive Right Ans - 2, 3, and 4
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