Ch. 6 - Liability for funeral expenses

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16 Terms

1
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Liability

Responsibility for action and other debts

2
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A contract may be

Express, at need, prefinanced, implied, quasi

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Quasi- Contract is a….

Fictional contract applied by a court for a person who is unable to contract for himself

4
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In the absence of agreement the law can create which Obligation?

Quasi-contract

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What contract can courts invoke where unjust enrichment occurs?

Quasi Contract

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Function of quasi contract

Raise obligation in law where the parties make no promise.

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Estate

Property of a deceased person, both real and or personal

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If pre need funded contract or insurance provision is absent, primary responsibility for payment should come from where?

The decendents estate

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What are the limitations on claims for payment under insolvency?

Size of estate, status in life, local of ethnic customs, how reasonable the charges are, knowledge of descendents financial conditions

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Preferred claim

Claim according a priority, advantage privilege

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Highest preferred clain

Superior to all other claims, first claim to be paid.

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General order of preferred claim

Federal, Estate taxes, probate expenses, funeral and last illness cost and general estate creditors

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Secured claim

A debt supported by a pledge, mortgage or lien on asset

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Common law may help determine

Who has liability

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If preceed funded contract or insurance provision is absent primary responsibility for payment should come from what?

Decendents estate

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If preceed funded contract or insurance provision is absent primary responsibility for payment should come from what?

Decendents estate