Questions from Business Law

Q: What is a will?

What is a will?

Q: How might the availability of a secure online repository for a person’s

How might the availability of a secure online repository for a person’s will affect a challenge to the will?

Q: How does a specific devise or bequest differ from a general devise

How does a specific devise or bequest differ from a general devise or bequest?

Q: When does the common law govern contracts for sales and leases of

When does the common law govern contracts for sales and leases of goods?

Q: What is the purpose of a residuary clause?

What is the purpose of a residuary clause?

Q: What are the three requirements that must be satisfied in order for

What are the three requirements that must be satisfied in order for a testator to demonstrate his or her testamentary capacity?

Q: What are the four basic requirements for a valid will?

What are the four basic requirements for a valid will?

Q: What is a codicil?

What is a codicil?

Q: What four elements must be present to create a valid trust?

What four elements must be present to create a valid trust?

Q: How does a living trust differ from a testamentary trust?

How does a living trust differ from a testamentary trust?