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In which type of commercial crime policy coverage is triggered by a loss that happens during the policy period but is not necessarily discovered during the policy peri - ANSWER- Robbery is: - ANSWER-Taking of property by use of force, violence, or fear The crime of forced entry into the premises of another by a persons with felonious intent is defined as: - ANSWER-Burglary Erroneous Publishing copied all the material from Angel's Inc book. The only changes made by Erroneous were to ren...

Notary's statement placed on the face of a document to identify and connect it with another's instrument passed before the notary. - ANSWER-Paraph Where is a paraph is most commonly made on? - ANSWER-A promissory note to identify it with a mortgage, priviledge, or other security device. What is an example form of a recitation of a paraph? - ANSWER-"And I, the undersigned Notary Public, paraphed the Note "Ne Varietur" for identification with this Sale with Mortgage and delivered the no...

Administrator - ANSWER-a person appointed by the court as the succession representative to manage the assets and liabilities of an intestate decedent; an executor Ascendant - ANSWER-One who precede in lineage; an ancestor Bequest - ANSWER-a disposition of property made by a testator Codicil - ANSWER-a common law term. An amendment, modification, supplement or addition to a will that must be in the form of a testament Collateral - ANSWER-any relation not directly in the line of ascent...

Abstract - ANSWER-An abstract is a history of the title to property as revealed by the public records. Acceleration clause - ANSWER-Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the lender's consent, destruction of the property, or other event in which endangers the security of the loan. Accessory contract ...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...

Materialman's privilege - ANSWER-privilege to protect supplier forced portion - ANSWER-Portion testator must leave to children under 24 years of age if mentally competent and not physically infirm Ne Varietur - ANSWER-Notation which is part of a paraph naked owner - ANSWER-owner of property burdened with us usufruct inventory - ANSWER-notaries can engage in this activity heritable - ANSWER-transferable guardian - ANSWER-legally responsible for care /mgmt of property if childre...

NOTARY/NOTARY PUBLIC - ANSWER-A public official in and for a parish, being appointed by the governor with the advice and consent of the Senate after meeting the requirements set forth in Title 35 of La. Revised Statutes. The duties and function of the notary public in La. are established by statute, La. R.S. 35.1 et seq. NOTARY DE JURE - ANSWER-One who holds office pursuant to the requirements of the law. (every procedure is correct) NON-NOTARY ATTORNEY - ANSWER-A notary who is not an atto...

The _________________ is a compilation of civil laws that govern the legal capacity of persons; the contract of and effects of marriage; grounds for divorce, and the classification of children and parental authority among other things: a. The Louisiana Civil Code b. Revised Statues 35 c. Revised Statues 14 d. None of the Above - ANSWER-a. The Louisiana Civil Code . _____________ is a legal authority that helps the notary to understand how a court has interpret legislation and other so...

A notary is convicted of misdemeanor assault from a bar fight (committed on a day off from working as a mobile notary). She is sentenced to one month of home confinement. After serving this sentence, will the notary be subject to suspension? - ANSWER-C. No, because crimes unrelated to the notarial function must amount to a felony before suspension or revocation os warranted. Though some non-felony crimes that relate to notary practice could be grounds for suspension (Fundamentals pg. 52-53), ...

Pact de non Alienando - ANSWER-Clause contained in the mortgage or other encumbrance agreement whereby the obligor agrees not to sell, engage, alienate or mortgage the same property to other persons to the prejudice of the mortgage Corporate Resolution - ANSWER-An official written certificate of the corporations secretary that the resolution was adopted by the corporations board of directors Confession of Judgment - ANSWER-A person's agreement in a mortgage to the entry of judgment if he ...

abstract - ANSWER-An abstract is a history of the title to property as revealed by the public records Acceleration Clause (in a mortgage) - ANSWER-Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the leaders consent, destruction of the property, or other event which endangers the security of the loan. accession...

What is the term of office for a notary public? - ANSWER-The commission is issued without expiration and is in force and effect for as long as notary remains qualified What crimes can a notary public be prosecuted for official misconduct? - ANSWER-Malfeasance in office Bribery or corrupt influence Injuring public records Filing false public records Forgery Unauthorized exercise of notarial powers When will a notary's commission be suspended by operation of law? - ANSWER-Failure to ma...

Suspending a notary's commission - ANSWER-Doing this DOES NOT automatically revoke the notary's commission Automatic suspension of commission - ANSWER-Failure to provide proof of bond or insurance coverage is a(n) The Governor, The House of Representatives, and the Senate - ANSWER-These may revoke a notary commission Title 35 - ANSWER-This Title should be of utmost importance to the duties and powers of a notary Making inventories, partitions and protests, and receiving wills - ANS...

When may a court require a notary to produce an original act passed before him? A. At any time B. When the qualifications of the notary are at issue C. When the genuineness of a signature is at issue - ANSWER-C. When the genuineness of a signature is at issue In terms of notarial practice, malfeasance: A. subjects the notary to liability for damages sustained by the parties to an authentic act executed by the notary B. is the performance of an unlawful act in an illegal or improper mann...

Civil Law - ANSWER-System of law derived from Roman Law; court decisions DO NOT establish state law; on the Legislature enacts state laws Common Law - ANSWER-System of law derived from England; court decisions can lead to future laws and precedents Commission - ANSWER-an instruction, command, or duty given to a person or group of people. Legal Capacity - ANSWER-The ability to contract; not to be a minor and of sound mind and body Immovable - ANSWER-Land and its improvements thereon ...

Civil Law Notary - ANSWER-The Louisiana Notary is commissioned as this Litigation - ANSWER-The Civil Law Notary may not take part in this The applicant proves his/her competency to the courts and takes a state administered exam - ANSWER-The non-attorney is commissioned by the State of Louisiana when these things are completed Litigation and the courts ability to make laws - ANSWER-The notary exam is not intended to show the applicant's knowledge of these an independent professional ...

Business case - definition - ANSWER-A document created and owned by the project sponsor, used to provide justification for carrying out the project. It includes the costs, benefits and risks of the various project options as well as the project objectives, outputs and outcomes. Business case - components (7) - ANSWER-1. background 2. benefits 3. budgets 4. risks 5. constraints 6. project options 7. any other documents e.g. investment appraisal, PMP Business case - elements (5) ...

what is estimating - ANSWER-uses different methods to produce a prediction of the time and resources required to complete the scope of the work to the defined quality requirements. when do estimates become more accurate - ANSWER-Throughout the project, it is required for the PM to produce estimates. Estimates are often described as approximations as can never be 100% accurate. The accuracy of the estimate highly depends on the amount of information available throughout the project lifecycle. ...

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