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NALA PARALEGAL FINAL CERTIFICATION EXAM QUESTIONS AND ANSWERS 2024
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NALA PARALEGAL FINAL CERTIFICATION EXAM QUESTIONS AND ANSWERS 2024
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NALA PARALEGAL FINAL CERTIFICATIONEXAM
Which of the following is not required in an offer? - ANSWERS-Legal capacity of
parties
An executive order is classified as this type of law: - ANSWERS-Statutory Law
Under the Model Business Corporation Act, one or more shareholders may create
a voting trust. A voting trust does which of the following: - ANSWERS-Confers on a
trustee the right to vote or otherwise act for the shareholder. (§7.30)
This provision of the U.S. Constitution that mandates that specific branches enjoy
certain powers and that these powers cannot be shared or usurped by another
branch: - ANSWERS-Separation of powers
The U.S. Constitution is found in: - ANSWERS-The first volume of the United States
Code
What is not an element of fraud? - ANSWERS-The representer's reliance on the
fact
, What is correct with regards to trusts? - ANSWERS-A trust is an arrangement in
which one party, the trustee, holds title to property for the benefit of another
party, the beneficiary
In a trust, what does the settlor do? - ANSWERS-They create the trust and
appoints a trustee to manage the trust property for the benefit of the
beneficiaries of the trust.
This is an INCORRECT statement regarding Freedom of Contract: - ANSWERS-
Individuals have rights to be paid under the terms of a contract
Which of the following are sources of law used in the American Legal System? -
ANSWERS-Statutes, case law, and regulations
Statutory Law is created by what branch? - ANSWERS-It is created by the
legislative branch
What is case law? - ANSWERS-What the courts use to interpret and apply the law
What is canon law? - ANSWERS-A legal system used exclusively by religious
organizations
What is civil law? - ANSWERS-A legal system used mainly in foreign countries
where the only task of the court is to apply the law created by legislative bodies.
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