Business

What is an easement and how is it created?

What is an easement and how is it created?

What is an easement and how is it created?

This is for my business law class, anything will help

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Desolo

Give an account of zoning. What are nonconforming uses?

Give an account of zoning. What are nonconforming uses?

Give an account of zoning. What are nonconforming uses?

This is for my business law class, anything will help

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A building attached to a piece of land would be considered a ________ property.

A building attached to a piece of land would be considered a ________ property.

A building attached to a piece of land would be considered a ________ property.
A) personal
B) movable
C) chattel
D) real

This is for my business law class, anything will help

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Desolo

Personal property that is permanently affixed to land or buildings is called a(n

Personal property that is permanently affixed to land or buildings is called a(n

Personal property that is permanently affixed to land or buildings is called a(n) ________.
A) chattel
B) fixture
C) attachment
D) lien

This is for my business law class, anything will help

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Desolo

Which of the following is true about fixtures?

Which of the following is true about fixtures?

Which of the following is true about fixtures?
A) They are categorized as real property.
B) They are easily portable.
C) They are typically removed prior to a sale.
D) They can only have one owner at a time.

This is for m

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Desolo

Which of the following is true about real property?

Which of the following is true about real property?

Which of the following is true about real property?
A) Real property refers to personal property permanently attached to a land.
B) Real property can be either tangible or intangible property.
C) Real property cannot become personal pr

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Desolo

Which of the following methods of acquiring ownership is least in use today?

Which of the following methods of acquiring ownership is least in use today?

Which of the following methods of acquiring ownership is least in use today?
A) purchase
B) capture
C) gift
D) production

This is for my business law class, anything will help

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Desolo

Which of the following is a similarity between real and personal property?

Which of the following is a similarity between real and personal property?

Which of the following is a similarity between real and personal property?
A) both properties can include intangible properties
B) both properties are movable properties
C) both properties can be owned concurrently by two or more perso

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Desolo

Which of the following is an example of intangible property?

Which of the following is an example of intangible property?

Which of the following is an example of intangible property?
A) copyrights
B) fixtures
C) minerals
D) automobiles

This is for my business law class, anything will help

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Desolo

Real property can become personal property if it is ________.

Real property can become personal property if it is ________.

Real property can become personal property if it is ________.
A) removed from the land it is situated in
B) converted to an intangible property
C) fixed permanently to a piece of land
D) owned by more than one person at a time

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Desolo

The voluntary transfer of title to property without payment of consideration by

The voluntary transfer of title to property without payment of consideration by

The voluntary transfer of title to property without payment of consideration by the donee is known as a(n) ________.
A) adverse possession
B) future interest
C) gift
D) purchase

This is for my business law class, anything

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Desolo

Shelton Engines Inc. has built a new model of engines that can withstand more he

Shelton Engines Inc. has built a new model of engines that can withstand more he

Shelton Engines Inc. has built a new model of engines that can withstand more heat than the competing engines in its class. Lokin Inc., a sports car manufacturer, ________ the equipment from Shelton Engines Inc. for $1,000,000. Shelton Engines Inc. t

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Desolo

________ is a method of acquiring ownership, when a manufacturer purchases raw m

________ is a method of acquiring ownership, when a manufacturer purchases raw m

________ is a method of acquiring ownership, when a manufacturer purchases raw materials and then manufactures a finished good.
A) Gifting
B) Producing
C) Capturing
D) Purchasing

This is for my business law class, anythin

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Desolo

Which of the following is considered a constructive delivery of a gift?

Which of the following is considered a constructive delivery of a gift?

Which of the following is considered a constructive delivery of a gift?
A) giving the key to a safe-deposit box where the gift is kept
B) paying for the total value of the good being gifted in cash
C) contracting a third-party to deliv

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Desolo

What is a gift inter vicos?

What is a gift inter vicos?

What is a gift inter vicos?
A) a gift that is made in contemplation of death
B) a gift made during a person's lifetime that is an irrevocable present transfer of ownership
C) a gift that is to be shared by the donor and donee with

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Desolo

A gift that is made in contemplation of death is known as a(n) ________.

A gift that is made in contemplation of death is known as a(n) ________.

A gift that is made in contemplation of death is known as a(n) ________.
A) profit-à-prendre
B) estate pour autre vie
C) gift inter vicos
D) gift causa mortis

This is for my business law class, anything will help

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Desolo

What does the Uniform Transfers to Minors Act establish?

What does the Uniform Transfers to Minors Act establish?

What does the Uniform Transfers to Minors Act establish?
A) rights for what a minor is allowed in case of inheritances without involving custodians
B) rights for what a minor can accept from an adult
C) procedures for adults to make gi

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Desolo

A(n) ________ is an increase in the value of personal property because it is add

A(n) ________ is an increase in the value of personal property because it is add

A(n) ________ is an increase in the value of personal property because it is added to or improved by natural or manufactured means.
A) arraignment
B) accession
C) lien
D) bailment

This is for my business law class, anythi

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Desolo

Which of the following is true of a gift causa mortis?

Which of the following is true of a gift causa mortis?

Which of the following is true of a gift causa mortis?
A) It cannot be revoked before the death of the donor.
B) It does not require the actual death of the donor.
C) It represents an irrevocable present transfer of ownership.
D)

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Desolo

Which of the following is true with regard to the new engine, upholstery, and st

Which of the following is true with regard to the new engine, upholstery, and st

Which of the following is true with regard to the new engine, upholstery, and stereo player the thief installed in John's car?
A) These improvements have to be returned to the thief.
B) These improvements now rightfully belong to John.

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Desolo

Property that an owner voluntarily places somewhere and then inadvertently forge

Property that an owner voluntarily places somewhere and then inadvertently forge

Property that an owner voluntarily places somewhere and then inadvertently forgets is known as ________ property.
A) real
B) abandoned
C) mislaid
D) lost

This is for my business law class, anything will help

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Desolo

The value of John's car is said to have undergone a(n) ________.

The value of John's car is said to have undergone a(n) ________.

The value of John's car is said to have undergone a(n) ________.
A) accession
B) arraignment
C) bailment
D) lien

This is for my business law class, anything will help

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Desolo

________ occurs if two or more persons commingle fungible goods.

________ occurs if two or more persons commingle fungible goods.

________ occurs if two or more persons commingle fungible goods.
A) Confusion
B) Accession
C) Bailment
D) Easement

This is for my business law class, anything will help

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Desolo

Property that an owner has discarded with the intent to relinquish his or her ri

Property that an owner has discarded with the intent to relinquish his or her ri

Property that an owner has discarded with the intent to relinquish his or her rights in it is known as ________.
A) real
B) lost
C) mislaid
D) abandoned

This is for my business law class, anything will help

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Desolo

Which of the following is true of ownership titles when confusion occurs?

Which of the following is true of ownership titles when confusion occurs?

Which of the following is true of ownership titles when confusion occurs?
A) Title to the goods can never be shared between the owners involved.
B) Title to goods commingled without permission goes to the innocent party.
C) Title to go

Desolo   746   2 Replies

Desolo

Which of the following is true of mislaid property with regard to the person who

Which of the following is true of mislaid property with regard to the person who

Which of the following is true of mislaid property with regard to the person who finds it?
A) The finder becomes the owner of the property.
B) The finder has the right to share it with the original owner.
C) The finder is not entitled

Desolo   589   2 Replies

Desolo

Property that the owner leaves somewhere due to negligence, carelessness, or ina

Property that the owner leaves somewhere due to negligence, carelessness, or ina

Property that the owner leaves somewhere due to negligence, carelessness, or inadvertence is referred to as ________ property.
A) abandoned
B) real
C) lost
D) mislaid

This is for my business law class, anything will help

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Desolo

A(n) ________ statute permits a finder of mislaid or lost property to clear titl

A(n) ________ statute permits a finder of mislaid or lost property to clear titl

A(n) ________ statute permits a finder of mislaid or lost property to clear title to the property if certain prescribed legal formalities are met.
A) estate
B) estray
C) lading
D) recording

This is for my business law cla

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Desolo

A transaction in which an owner transfers his or her personal property to anothe

A transaction in which an owner transfers his or her personal property to anothe

A transaction in which an owner transfers his or her personal property to another to be held, stored, or delivered, or for some other purpose is known as a ________.
A) arraignment
B) easement
C) bailment
D) accession

Thi

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Desolo

Which of the following is true of ownership rights of an abandoned property?

Which of the following is true of ownership rights of an abandoned property?

Which of the following is true of ownership rights of an abandoned property?
A) The finder and owner must share ownership of the property.
B) The finder acquires title to the property, even against its original owner.
C) The owner can

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Desolo

In which of the following processes is the title of goods not transferred?

In which of the following processes is the title of goods not transferred?

In which of the following processes is the title of goods not transferred?
A) an adverse possession
B) a bailment
C) a sale
D) an acquisition

This is for my business law class, anything will help

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Desolo

Which of the following is true of a bailment?

Which of the following is true of a bailment?

Which of the following is true of a bailment?
A) Only personal property can be used in a bailment.
B) Intangible property cannot be used in a bailment.
C) Only physical deliveries can become a bailment.
D) All bailments must be ex

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Desolo

A ________ is a gratuitous bailment that arises when the bailee is requested to

A ________ is a gratuitous bailment that arises when the bailee is requested to

A ________ is a gratuitous bailment that arises when the bailee is requested to care for the bailor's property as a favor.
A) bailment at will
B) mutual benefit bailment
C) bailment for the sole benefit of the bailee
D) bailm

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Desolo

What kind of agreement existed between Randy and Carl over the car?

What kind of agreement existed between Randy and Carl over the car?

What kind of agreement existed between Randy and Carl over the car?
A) bailment for the sole benefit of the bailor
B) bailment for the sole benefit of the bailee
C) mutual benefit bailment
D) bailment at will

This is for

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Desolo

In such a bailment agreement, which of the following types of duties is Randy ne

In such a bailment agreement, which of the following types of duties is Randy ne

In such a bailment agreement, which of the following types of duties is Randy negligent of?
A) duty of great care
B) duty of slight care
C) duty of reasonable care
D) duty of ordinary care

This is for my business law clas

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Desolo

A bailment without a fixed term is called a ________.

A bailment without a fixed term is called a ________.

A bailment without a fixed term is called a ________.
A) bailment for the sole benefit of the bailee
B) bailment for the sole benefit of the bailor
C) bailment for a for mutual benefit
D) bailment at will

This is for my b

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Desolo

Which of the following duty is owed by the parties in a mutual benefit bailment?

Which of the following duty is owed by the parties in a mutual benefit bailment?

Which of the following duty is owed by the parties in a mutual benefit bailment?
A) duty of great care
B) duty of slight care
C) duty of ordinary care
D) duty of utmost care

This is for my business law class, anything wil

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Desolo

A(n) ________ is a document of title issued by a common carrier stating that the

A(n) ________ is a document of title issued by a common carrier stating that the

A(n) ________ is a document of title issued by a common carrier stating that the bailor has title to the bailed goods.
A) bill of lading
B) accession
C) freight forwarder
D) delivery order

This is for my business law clas

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Desolo

What is a warehouse receipt?

What is a warehouse receipt?

What is a warehouse receipt?
A) A receipt received by a warehouse after the bailor has retrieved the bailed goods and payment has been made.
B) A document of title issued by a warehouse company stating that the bailor has title to the baile

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Desolo

Under the common law, innkeepers owe a ________ regarding loss caused to the per

Under the common law, innkeepers owe a ________ regarding loss caused to the per

Under the common law, innkeepers owe a ________ regarding loss caused to the personal property of transient guests.
A) duty of negligible care
B) duty of slight care
C) duty of strict liability
D) duty of ordinary care

Th

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