In Kelo v. City of New London (2005 ), the U.S. Supreme Court held that a local government's taking of private homes for private land redevelopment was considered a public purpose.
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Q. 2Contracts in which either or both of the parties lacks capacity are void ab initio.
A. True
B. False
Q. 3All real estate developments have common issues. Which of the following is typically not one of them?
A. Finding tenants to occupy the developed land
B. Finding suitable property for development
C. Arranging for needed financing of the development
D. Obtaining needed government approvals for the development
Q. 4The laissez-faire era or Lochner era of the Court remains the current law today with respect to the Due Process Clause and economic liberty.
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Q. 5Which Supreme Court Justice has made it known he would like to review restrictions on commercial speech under strict scrutiny analysis?
A) Sonia Sotomayor
B) Clarence Thomas
C) Anthony Kennedy
D) David Souter
Q. 6The process of acquiring land, determining the best and most profitable use of that land, and making improvements and selling it or leasing it in order to make a profit:
A. Eminent domain
B. Real estate development
C. Real estate attachment
D. Real estate execution
Q. 7In Planned Parenthood of Southern Pennsylvania v. Casey (1992), the U.S. Supreme Court moved away from the trimester-based approach adopted in Roe v. Wade and began using framework that divided pregnancy into two stagespreviability and postviability.
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