Business law
What are the owners of a limited liability company (LLC) called?
Members
The person who authorizes another person to act on their behalf is called the
Principal
Which of the following is an example of real property?
The land on which a funeral home is located
Which document provides consumers with a detailed list of funeral goods and services and their prices?
General price list
What is the difference between a preplanned and a prefunded funeral arrangement?
Preplanned arrangements are made without funding them, while prefunded arrangements are funded.
What is an agreement of no legal effect?
Void contract
What is an implied warranty?
warranty imposed by law, arising automatically because the sale has been made
What is generally considered the consumer's ownership interest in cemetery property?
Right of interment
What is non-legislative principles and rules of action predicated upon usages and customs which have become recognized by the courts as binding on community?
Common law
Which OSHA standard requires a hepatitis B vaccine?
Blood borne pathogen standard
The owners of a corporation are known as:
Members
funeral home specifically authorizes a funeral director to make arrangements on its behalf. This is an example of
Express agency
Which type of property consists of land and things permanently attached to the land?
Real property
What is the purpose of the Casket Price List (CPL)?
To provide prices for caskets available for purchase
Which type of preneed contract generally means the funeral establishment absorbs future increases in covered costs?
Guaranteed
A failure or refusal to perform contractual obligations is known as?
Breach
A written warranty that is not a full warranty is defined as?
Limited warranty
Which law governs organ and tissue donation?
Uniform anatomical gift act
A decision of a court which is thereafter followed as an example in subsequent similar cases is defined as?
Precedent
Example of state regulation of funeral service for the health and welfare of citizens
OSHA
Which business organization generally exposes its owner to unlimited personal liability for business debts?
Sole proprietorship
When a funeral home owner directly tells an employee that they have permission to purchase supplies on behalf of the funeral home, the employee has
Express authority
The rightful possession of personal property by someone who is NOT the owner is called:
Bailment
What must a funeral establishment disclose regarding direct cremation?
The availability of alternative containers
Which type of preneed arrangement generally cannot be canceled or changed in the same manner as a revocable contract?
Irrevocable
What is the conveyance of rights in a contract to a person not a party?
Assignment
Oral sales contract may be enforced if it can be shown that the goods were delivered by the seller and:
received/ accepted by buyer
Which of the following may be required for cremation?
Required forms and positive identification
If there is no will, the property and holding of the deceased person will be distributed according to the law and administrator/personal representative will be appointed by whom?
Court
In legal terms what is a dead body considered?
Quasi property