A ________ partnership is composed of at least one general partner and at lease one limited partner
A) general
B) limited
C) silent
D) passive
B
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Randal embezzled $6000 of his employer's money and then disappeared. The employer's accountant called at Randal's residence and found out that his wife had a $3500 term deposit. When the accountant threatened to have her husband arrested and imprisoned if she did not agree, she assigned the term deposit to the employer to help to defray the loss from the embezzlement. If the wife were later to sue for return of the term deposit, what would be her ground for avoiding the assignment?
A) Undue influence B) Duress C) Mistake of law D) Fraudulent misrepresentation E) Non est factum
Which of the following provisions must be included in an individual accident and health insurance policy?
A) 2-year time limit on certain defenses B) Coverage of newborns C) Misstatement of age D) Change of occupation