QUESTION 9

1. A right of election allows directors in a corporation to vote even though they are interested in the transaction.

   True

   False

2.5 points

QUESTION 10

1. Per stirpes means that the issue of deceased parents take in equal proportion to the deceased parents' share, while per capita means all heirs in the same class take equal shares regardless of the deceased parents' share.

   True

   False

2.5 points

QUESTION 11

1. Intestate distribution occurs when an individual dies without a will.

   True

   False

2.5 points

QUESTION 12

1. A gift causa mortis to be valid requires a finding of donative intent even though the donor has died.

   True

   False