Mortuary Law Exam 2 Flashcards
Condition of being actually or potentially subject to an obligation; condition of being responsible for an expense.
Definition of “Black Law?”
Funeral Contract Decedent's Estate Common Law Volunteer Public Authorities
Types of Liabilities for Funeral Expenses:
Agreement between two or more competent persons which is enforceable by law.
Contract
Offer
Acceptance
Consideration
Elements of a contract:
Expression of willingness to enter into a contractual agreement.
Offer
Agreement to an offer resulting in a contract.
Acceptance
What the promisor demands and receives as the price for a promise.
Consideration
Offeror
Offeree
Parties of a contract:
Party who initiates or makes an offer.
Offeror
Person to whom an offer is made.
Offeree
Express
Implied
Quasi
Types of contracts:
Parties express their intentions at time of agreement; can be oral, written, at need or prefunded.
Express Contract
Oral or Written
At Need
Pre-Funded
Types of Express Contracts:
Contract terms are implied by acts or conduct of the parties.
Implied Contract
A First Call is an Implied Contract becomes an express contract.
An example of an Implied Contract:
Fictional contract applied by a court for a person unable to contract for him/herself.
Quasi Contract
Property of a deceased person.
Estate:
Real Property
Personal Property
Estate consists of:
land or anything attached to it.
Real Property:
tangible or intangible property; includes: personal belongings, furniture, auto, jewelry, money, stocks, bonds, and insurance policies.
Personal Property:
Condition of leaving a will at time death.
Testate:
the state or condition of dying without having made a will.
Intestate
Solvent estate:
Assets exceed the liabilities (more cash than expenses)
Size and solvency of the estate. Status in life Reasonableness of the charges Funeral directors knowledge of the decedent's financial condition Local and ethnic customs
Limitations of the estate:
liabilities exceed the assets (less cash than expenses).
Estate is unable to pay debts.
Insolvent estate:
Decedent’s Estate
The funeral bill is a charge against the ________________.
Station in life Lifestyle Standard of living Social Economic Religious
What is the criteria for courts consideration when determining reasonableness of funeral charges:
Size and solvency of the estate Right of creditors to collect payment Station in life of deceased Decedent's religious faith Decedent's fraternal membership Local and contemporary customs
Reasonableness of the charges is based on the following:
- Decedent’s financial condition
- Solvency or insolvency of estate
- Related reasonableness of charges.
Funeral Director’s Knowledge should include: