Statement A: Future inheritance which was already partitioned among heirs while the testator is still alive is considered valid object of an agreement. There must always be a monet... Statement A: Future inheritance which was already partitioned among heirs while the testator is still alive is considered valid object of an agreement. There must always be a monetary consideration in order for a 'right of first refusal' to be effective. Only Statement 'A' is false. Only Statement 'B' is false. Neither is false. Both statements are false.
Understand the Problem
The question is asking us to evaluate the validity of two statements regarding legal agreements and inheritance. We need to determine the truthfulness of each statement and select the correct outcome based on their validity.
Answer
Only Statement 'A' is false.
Only Statement 'A' is false.
Answer for screen readers
Only Statement 'A' is false.
More Information
Statement 'A' is false because future inheritance, which is not yet owned by the heir, cannot be a valid object of an agreement. However, for a 'right of first refusal' to be effective, monetary consideration is not always necessary, making Statement 'B' true.
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