Paralegal Professional Module 1 Study Guide Rated A+

Real estate {Ans: Land and things permanently attached to the land, such as houses, buildings, and trees.}Paralegal {Ans: A person qualified by education, training, or work experience who is employed or retained by a lawyer.}Freelance paralegal {Ans: A paralegal who operates his or her own business and provides services to attorneys on a contract basis.}Trust account {Ans: A bank account in which one party (the trustee, such as an attorney) holds funds belonging to another person (such as a client); a bank account into which funds advanced to a law firm by a client are deposited.}Family law {Ans: Law relating to family matters, such as marriage, divorce, child support, and child custody.}Corporate law {Ans: Law that governs the formation, financing, merger and acquisition, and termination of corporations, as well as the rights and duties of those who own and run the corporation.}