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LOUISIANA NOTARY CORE EXAMS QUESTIONS AND ANSWERS SET A.pdf

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LOUISIANA NOTARY CORE EXAMS QUESTIONS
AND ANSWERS SET A+
✔✔Expropriation - ✔✔private property taken by the state for public use

✔✔Fortuitous Event - ✔✔An event that at the time the contract was made could not
have been reasonably foreseen.

✔✔Juridical Person - ✔✔An entity to which the law attributes legal personality, such as
a corporation.

✔✔Usufructuary - ✔✔person granted the use and fruits of an estate

✔✔Novation - ✔✔Substituting a new obligation for an old one or substituting new
parties to an existing obligation.

✔✔Injunctive - ✔✔a judicial process or order requiring the person or persons to whom it
is directed to do a particular act or to refrain from doing a particular act.

✔✔Procuration - ✔✔unilateral juridical act where a person, the principal, confers
authority on another, the representative, to represent the principal in legal relations. May
be conditional on disability.

✔✔Agency - ✔✔the principles of representation

✔✔unilateral - ✔✔promise for performance

✔✔bilateral - ✔✔promise for a promise

✔✔Authentic Act - ✔✔A writing executed before a notary public or other officer
authorized to perform that function, in the presence of two witnesses, and signed by

, each party who executed it, by each witness, and by each notary public before whom it
was executed.

✔✔Interdiction - ✔✔Judicial proceeding whereby a curator is appointed for an adult or
emancipated minor who, due to infirmity, is unable to make reasoned decisions
regarding his person or property, or both.

✔✔Putative - ✔✔(adj.) generally regarded as such; reputed; hypothesized, inferred

✔✔Suretyship - ✔✔accessory contract by which a person binds himself to a creditor to
fulfill the obligation of another upon failure of the other person to do so.

✔✔Accessory contract - ✔✔A contract is accessory when it is made to provide security
for the performance of an obligation. Suretyship, mortgage, pledge, and other types of
security agreements are examples.

✔✔Surety - ✔✔A person, such as a cosigner on a note, who agrees to be primarily
responsible for the debt of another.

✔✔Privilege - ✔✔A security interest in property that arises by operation of law and
which is often not recorded.

✔✔Ancillary Contract - ✔✔Having a subordinate, subsidiary, or secondary nature;
serving as a supplement or addition

✔✔confect - ✔✔To put together by combining

✔✔curator - ✔✔A court-appointed guardian who manages the affairs of another
incapable of doing so himself.

✔✔Mortgage - ✔✔nonpossessory right created over property to secure the performance
of an obligation

✔✔mortgagor - ✔✔The person who grants a mortgage.

✔✔Mortgagee - ✔✔borrower

✔✔Conventional Mortgage - ✔✔A mortgage created by a contract between the parties

✔✔Legal Mortgage - ✔✔A mortgage arising by operation of law.

✔✔Judicial Mortgage - ✔✔A mortgage which results from filing a judgment in the
mortgage records of the parish where property of debtor is located.

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