Due to a large inheritance, a Life Insurance policy owner no longer requires the policy and agrees to sell it to a third party for more than its cash value. This type of transaction is called a Life Settlement.
<h3>What is the Purpose of a Life Settlement Contract?</h3>
The Life Settlement Contract is simply a contract that transfers the insurance cover afforded by the Life Insurance Policy form one person to another.
The life assured of the new holder of the policyholder becomes eligible to receive the benefits of the policy when the insured dies while the policyholder takes responsibility for payment of premiums.
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brainly.com/question/570009
Answer:
C.
Explanation: I took the test and once I put C, and submitted it. I got it right
WeltyTrafficStops.pdf
if you search this up, the first link might help.
Answer:
Preliminary hearing.
Explanation:
A preliminary hearing in criminal litigation is commonly referred to as a prelim and is the legal process of a "trial before the trial" of an accused or the defendant.
This simply means that, at the preliminary hearing, the judge using the "probable cause" legal standard, decides whether there is enough evidence to warrant the defendant to stand trial but not to determine whether he or she is guilty or innocent of the crime. Thus, no jury is present or required at this phase of trial because the defendant isn't entitled to any at the preliminary hearing.
Additionally, during the preliminary hearing phase of a trial, evidence is given in the attempt to convince the judge that there is enough evidence to go to trial. A prosecutor on behalf of the government may call witnesses to testify against the defendant and even present physical evidence to the judge, so that the case may go to trial while the defense counsel will work towards having the case dismissed by cross examining the government witnesses and disputing any evidence presented.
