Solicitor - Study guides, Class notes & Summaries

Solicitor Bar Exam Ontario | 100% Correct Answers | Verified | Latest 2024 Version

A and S incorporated MSB Inc each with 50% of the shares. What is the minimum number of directors required? - 1 director is required if the company is not an offering corporation. A bachelor dies owning a home which he leaves to his sister. Before the transfer what must happen? - to transfer property to a beneficiary the executor must first obtain a CRA clearance certificate and a certificate of appointment obtained. A bank accepts a power of attorney and relies on its validity when releasi...

MD Accident, Health & Life Producer Questions and Answers 100% Solved An Alien Insurance company soliciting insurance in this state would accurately be described by which of the following? A. It must possess a Certificate of Authority from the NAIC, and it is organized under the laws of another country B. It must possess a Certificate of Authority from this state, and it is organized under the laws of another country C. It is organized under the laws of this state, and holds a Certificate of...

QUESTION 1 No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 1. Are you in Business? a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. As the firm is providing a service for the client, it is in business for...

California Property and Casualty Insurance Exam Questions and Answers 100% Pass What is the required rate discount under a Good Driver Discount policy? - Correct Answer ️️ -20% below the rate the insured would have been otherwise charged for the same coverage All the following are authorized activities for the Limited Automobile Insurance Agent EXCEPT if the agent - Correct Answer ️️ -Charges and collects a brokers fee for service What is the procedure for refusing uninsured moto...

Upon reviewing a list of beneficiaries for an estate what relationship pose a potential conflict? - A current client of the firm in a separate matter. A client demands an answer on short notice about how a recent court decision will impact their ongoing lawsuit on a similar issue. - A lawyer should advise the client in writing that a proper opinion cannot be rendered within the designated timeframe. A real estate lawyer who is acting for purchaser and lender learns of an addendum to the pri...

Entry 2 of a Charges Register states that a conveyance dated 5 October 1999, made between Edward Charles Rigley (1) and Euan Andrew Palenbella (2), contains restrictive covenants. The Land Registry does not have a copy of this conveyance. Which ONE of the following statements about the contents of the conveyance is CORRECT? A. A buyer would be bound by the covenants contained in the missing conveyance, because the Charges Register refers to them B. A buyer would not be bound by the ...

Solicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exam Questions with Correct Verified Solutions 100% Guaranteed PassSolicitor Bar Exam Ontario Exa...

The solicitor should pay the whole of the sum into client account and promptly transfer £800 to business account When there is a mixed payment of client money and non-client money, it must be paid into client account, and the non-client money transferred to business account. - CORRECT ANSWER-A solicitor acts for a residential buyer, and the transaction is nearing simultaneous exchange and completion. The buyer sends to the solicitor a bank transfer comprising £800 solicitors' costs a...