LOUISIANA NOTARY EXAM NEWEST 2024 ACTUAL EXAM 180 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+

LOUISIANA NOTARY EXAM NEWEST 2024 ACTUAL EXAM 180 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ASNWERS) |ALREADY GRADED A+ A notary is convicted of misdemeanor assault from a bar fight (committed on a day off from working as a mobile notary). She is sentenced to one month of home confinement. After serving this sentence, will the notary be subject to suspension? - ANSWER- C. No, because crimes unrelated to the notarial function must amount to a felony before suspension or revocation os warranted. Though some non-felony crimes that relate to notary practice could be grounds for suspension (Fundamentals pg. 52-53), this was not related to her practice. Which of the following is considered to be the supreme source of law in the Louisiana civil law system? - ANSWER- D. Legislation Legislation is the supreme law in civil law system. Which of the following is considered to be a valid function of the Louisiana civil law notary? - ANSWER- A. Drafting and attesting to such juridical acts as affidavits, witness acknowledgements, authentic acts, and acts of correction An act of derogation of laws for the protection of the publioc interest is considered to be: - ANSWER- C. Absolutely null. No court of any jurisdiction A notary, Bill, works part-time for the bank while his wife, Wanda, is sole manager of a car dealership. The bank the employs Bill provides loans for customers to purchase cars, including cars bought from Wanda's workplace. May Bill properly serve as notary for the transactions involving Wanda's dealerships? - ANSWER- B. Yes, because he has no personal interest in these transactions. An authentic act entered into by a corporation contains the following clause: blah blah blah This clause is an example of: - ANSWER- B. Appearance In the preceding example, how would the act's signature line be worded? - ANSWER- E. Either B or C but not A is effective in the example given. Which of the following is a thing or interest that the owner cannot finance with a mortgage? - ANSWER- B. A Certificate of Deposit worth $10,000 All of the following would be acceptable and appropriate alternative captions to this instrument, except: - ANSWER- C. Affidavit of Distinction Given the document's stated purpose and the form noted in the caption, and assuming line [E] is filled in correctly as "Lafayette", which of the following statements is incomplete or misstated to have the intended legal effect? - ANSWERAssume for this question only that Miley arrives to the notary having signed lines F and G before, at her home. Chris administers an oath and asks Miley whether those are her signatures and sworn facts, and she affirms to him that they are. Does the document have legal effect? - ANSWER- A. Yes, because Miley personally appeared before him, took the oath, and confirmed the testimony and that she signed it. Assuming the caption, venue clause, and the clause stated in paragraph B are otherwise correct, which of the following is false? - ANSWERAssume that Liam and Chris are brothers. Which of the following statements is true? - ANSWER- D. It is proper for Chris to serve as notary in this matter because he has no personal interest. The first part of clause [D] (in all caps): - ANSWER- D. Should be replaced by the jurat. Assume for this question that Chris's commission, at the time of signing of this document, had been suspended because he recently did not file an annual report with the SOS. Later the report is filed and the commission is reinstated. Chris was not aware of the deficiency at the time of signing, nor had the SOS provided info yet about the suspension. Is the document valid? - ANSWER- B. Yes, because LA law may apply the "de facto" doctrine to protect the innocent parties in such situations. Assume that the notary Chris is a legal resident of LA but a citizen only of Australia. His commission would be invalid for all of the following besides: - ANSWER- C. He is not registered to vote in the Parish of Union where he holds his commission. Miley owns a condo in Claiborne Parish that she bought in 2016,.... - Assume for this q... that Miley's condo in Claiborne Parish is owned by her with a usufruct to her father Billy. In the act establishing the usufruct, she stated no time limit. Who owns the rental fees earned on the condo when it is used for short-term rentals? - ANSWER- A. Billy owns the fees. Billy lives in the condo under his usufruct, as in the preceding question. What fees or expenses is he responsible for? - ANSWER- D. all of the above