Nala Exam Questions With
Accurate Answers
A Qualified Terminable interest property trust requirements correct answer
Qualified terminable interest property trust ("QTIP trust") property is that
property which qualifies for a martial deduction in which the spouse has a life
income interest.
Spouse is entitled to receive all trust's income; during spouse's lifetime no person
is permitted to distribute any trust property to anyone other than the spouse; and
the person filing the estate tax return properly takes a marital deduction for the
QTIP trust, and properly makes the required QTIP election on the return
Accord and satisfaction correct answer An executory promise by one party to give
a substituted performance and by the other party to accept the substituted
performance as discharge of an existing duty
Administrative agency correct answer Congress establishes these to regulate a
given area that require specialized knowledge and more supervision than
Congress can provide. The rules that they adopt are classified as statutory law,
and their hearings must be supported by substantial evidence.
Administrative Law Judge correct answer An Administrative Law Judge, or ALJ,
presides over administrative hearings. He is authorized by the Administrative
Procedures Act. judicial review of the acts of an administrative agency, asks two
things: (1) does the agency have the power to do that? (2) If they do, did they
abuse that power?
,Advisory opinions correct answer An opinion issued by a court or a commission
like an election commission that does not have the effect of adjudicating a specific
legal case, but merely advises on the constitutionality or interpretation of a law.
Federal courts are prohibited from issuing this opinion.
Affirmative defense correct answer A fact or set of facts other than those alleged
by the plaintiff which, if proven by the defendant, defeats or mitigates the legal
consequences of the defendant's otherwise unlawful conduct.
FRCP 8, Accord and satisfaction, arbitration and award, assumption of risk,
contributory negligence, discharge in bankruptcy, duress, estoppel, failure of
consideration, fraud, illegality, injury by fellow servant, laches, license, payment,
release, res judicata, statute of frauds, statute of limitations.
Answer correct answer The defendant's written response to the plaintiff's
complaint. When computing the deadline for response, exclude the day of
service.
If the plaintiff denies the allegations or wants to amend he must respond within
21 days from date of service without the court's permission. Rule 4(a)(1)(A)
specifies that a party has 20 days to file an answer after they are served with a
complaint.
Anticipatory repudiation correct answer In the law of contracts this term
describes a declaration by the promising party to a contract that he does not
intend to live up to his obligations under the contract.
Appeal to U.S. Supreme Court correct answer A case can be appealed to the
United States Supreme Court in two ways. By filing a petition for a Wirt of
,Certiorari, which is the document an appealing party files with the Court asking it
to hear and review a decision of a lower court.
Four of the nine Justices must vote to accept the case in order for it to be heard. A
an appeal of right, which must be filed with the clerk of the appellate court within
30 days after the date of entry of the judgment
Article I correct answer Under Article I of the Constitution, a legislative branch
and specialty courts are established (Congress). Article I, Section 8 of the United
States Constitution permits Congress to "make rules for the government and
regulation of the land and naval forces." Congress has issued the Uniform Code of
Military Justice (UCMJ), which applies to members of the US Armed Forces.
Article III correct answer Created the Supreme Court and gives Congress the
power to establish or eliminate any federal court at any time, except for the
Supreme Court. The United States Court of Appeals and the United States District
Court were created by an act of Congress
Articles of Incorporation correct answer The general law for incorporating private
corporations usually enumerates the purposes for which corporations can be
formed.
It contains provisions as to the number of incorporators, name, duration, amount
of stock, shares of stock, location of office, number and qualifications of directors
and officers, liability of members, method of voting, notice of meetings, and
quorum (a majority of an entire body).
The number of authorized shares (or Treasury shares) is required in the formation
documents. Bylaws are the rules for the internal government and management of
, the corpo¬ration, regulating the internal affairs of the corporation, its directors,
and its officers.
Assault correct answer The threat of bodily harm that reasonably causes fear of
harm in the victim with an apparent, present ability to cause the harm. If Tom
points a realistic toy gun at Joe, with whom Tom is not personally acquainted, and
threatens to shoot him from approximately fifty feet away. Joe can sue Tom for
assault even though Joe never touched him
Battery correct answer A tort which is the unauthorized and harmful direct
application of violence to one's person, or the wrongful touching of another
person causing injury.
Bifurcated trial correct answer A judge's ability to try legal issues separately or
divide a trial into two parts so as to render a judgment on a set of legal issues
without looking at all aspects.
Bilateral contract correct answer People make this contract when they exchange a
promise for a promise, or an act for an act. An executory contract is one in which
one or more parties remain obliged to perform.
An executed contract is one in which all parties have performed their mutual
obligations under the contract. A contract is defined as a promise or set of
promises for the breach of which the law gives a remedy.
Bill of attainder correct answer A law directed against a specific person or a
specific group and is forbidden by Article I of the Constitution
Accurate Answers
A Qualified Terminable interest property trust requirements correct answer
Qualified terminable interest property trust ("QTIP trust") property is that
property which qualifies for a martial deduction in which the spouse has a life
income interest.
Spouse is entitled to receive all trust's income; during spouse's lifetime no person
is permitted to distribute any trust property to anyone other than the spouse; and
the person filing the estate tax return properly takes a marital deduction for the
QTIP trust, and properly makes the required QTIP election on the return
Accord and satisfaction correct answer An executory promise by one party to give
a substituted performance and by the other party to accept the substituted
performance as discharge of an existing duty
Administrative agency correct answer Congress establishes these to regulate a
given area that require specialized knowledge and more supervision than
Congress can provide. The rules that they adopt are classified as statutory law,
and their hearings must be supported by substantial evidence.
Administrative Law Judge correct answer An Administrative Law Judge, or ALJ,
presides over administrative hearings. He is authorized by the Administrative
Procedures Act. judicial review of the acts of an administrative agency, asks two
things: (1) does the agency have the power to do that? (2) If they do, did they
abuse that power?
,Advisory opinions correct answer An opinion issued by a court or a commission
like an election commission that does not have the effect of adjudicating a specific
legal case, but merely advises on the constitutionality or interpretation of a law.
Federal courts are prohibited from issuing this opinion.
Affirmative defense correct answer A fact or set of facts other than those alleged
by the plaintiff which, if proven by the defendant, defeats or mitigates the legal
consequences of the defendant's otherwise unlawful conduct.
FRCP 8, Accord and satisfaction, arbitration and award, assumption of risk,
contributory negligence, discharge in bankruptcy, duress, estoppel, failure of
consideration, fraud, illegality, injury by fellow servant, laches, license, payment,
release, res judicata, statute of frauds, statute of limitations.
Answer correct answer The defendant's written response to the plaintiff's
complaint. When computing the deadline for response, exclude the day of
service.
If the plaintiff denies the allegations or wants to amend he must respond within
21 days from date of service without the court's permission. Rule 4(a)(1)(A)
specifies that a party has 20 days to file an answer after they are served with a
complaint.
Anticipatory repudiation correct answer In the law of contracts this term
describes a declaration by the promising party to a contract that he does not
intend to live up to his obligations under the contract.
Appeal to U.S. Supreme Court correct answer A case can be appealed to the
United States Supreme Court in two ways. By filing a petition for a Wirt of
,Certiorari, which is the document an appealing party files with the Court asking it
to hear and review a decision of a lower court.
Four of the nine Justices must vote to accept the case in order for it to be heard. A
an appeal of right, which must be filed with the clerk of the appellate court within
30 days after the date of entry of the judgment
Article I correct answer Under Article I of the Constitution, a legislative branch
and specialty courts are established (Congress). Article I, Section 8 of the United
States Constitution permits Congress to "make rules for the government and
regulation of the land and naval forces." Congress has issued the Uniform Code of
Military Justice (UCMJ), which applies to members of the US Armed Forces.
Article III correct answer Created the Supreme Court and gives Congress the
power to establish or eliminate any federal court at any time, except for the
Supreme Court. The United States Court of Appeals and the United States District
Court were created by an act of Congress
Articles of Incorporation correct answer The general law for incorporating private
corporations usually enumerates the purposes for which corporations can be
formed.
It contains provisions as to the number of incorporators, name, duration, amount
of stock, shares of stock, location of office, number and qualifications of directors
and officers, liability of members, method of voting, notice of meetings, and
quorum (a majority of an entire body).
The number of authorized shares (or Treasury shares) is required in the formation
documents. Bylaws are the rules for the internal government and management of
, the corpo¬ration, regulating the internal affairs of the corporation, its directors,
and its officers.
Assault correct answer The threat of bodily harm that reasonably causes fear of
harm in the victim with an apparent, present ability to cause the harm. If Tom
points a realistic toy gun at Joe, with whom Tom is not personally acquainted, and
threatens to shoot him from approximately fifty feet away. Joe can sue Tom for
assault even though Joe never touched him
Battery correct answer A tort which is the unauthorized and harmful direct
application of violence to one's person, or the wrongful touching of another
person causing injury.
Bifurcated trial correct answer A judge's ability to try legal issues separately or
divide a trial into two parts so as to render a judgment on a set of legal issues
without looking at all aspects.
Bilateral contract correct answer People make this contract when they exchange a
promise for a promise, or an act for an act. An executory contract is one in which
one or more parties remain obliged to perform.
An executed contract is one in which all parties have performed their mutual
obligations under the contract. A contract is defined as a promise or set of
promises for the breach of which the law gives a remedy.
Bill of attainder correct answer A law directed against a specific person or a
specific group and is forbidden by Article I of the Constitution
