C12 All 4 Case Analysis

C12 Case Analysis 1 Option Wireless LTD v. OpenPeak, Inc.

Option Wireless LTD v. OpenPeak, Inc.

Your response should be a minimum of four (4) double-spaced pages; refer to the Length and Formatting instructions below for additional details.

In complete sentences respond to the following prompts:

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Are there any situations in which it might be a good idea to include additional or different terms in the "acceptance" without making the acceptance expressly conditional on assent to the additional or different terms?
• Under what conditions can a contract be formed by the parties' conduct? Why wasn't the conduct of the parties here used as the basis for a contract?
• Do you agree or disagree with the court's decision? Provide an explanation for your reasoning either agree or disagree.

 

United States v. Hansen

Click here to access the assigned case.

Be sure to save an electronic copy of your answers before submitting it to Ashworth College for grading.  Unless otherwise stated, you should answer in complete sentences, and be sure to use correct English, spelling, and grammar.  Sources must be cited in APA format.

Your response should be a minimum of four (4) double-spaced pages; refer to the Length and Formatting instructions below for additional details.

In complete sentences respond to the following prompts:

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Do you agree or disagree with the court's decision? Provide an explanation for your reasoning either agree or disagree.

 

C12 Case Analysis 3 Securities and Exchange Commission v. Edwards

Securities and Exchange Commission v. Edwards

 

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Why was the Supreme Court unwilling to exclude contracts guaranteeing a fixed rate of return from the definition of security?
• Are mortgage notes securities when they are sold with a package of management services and a promise to repurchase the notes in the event of default?
• Do you agree or disagree with the court's decision? If you disagree, provide an explanation of your reasoning.

 

C12 Case Analysis 4- Awad v. Ziriax, et al, No. 10-6273

Awad v. Ziriax, et al, No. 10-6273 (10th Cir. 2012)

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Can a U.S. court enforce a clause in a contract specifying that Sharia law will apply?
• When, if ever, should a national court look to decisions of courts in other nations when interpreting its own nation's constitution?
•  
• Do you agree or disagree with the court's decision? If you disagree, provide an explanation of your reasoning.

      

Ashworth Semester Exam - C12V Business Law

C12V : Business Law
Question-1
Ordinances are codified laws that are issued by:
the President.
state legislature.
Supreme Court judges.
local government bodies.

Question-2
Libel and slander constitute:
the tort of outrage.
defamation of character.
the tort of appropriation.
intentional misrepresentation.

Question-3
The fraudulent creation or alteration of a written document that affects the legal liability of another person is called:
extortion.
larceny.
embezzlement.
forgery.

Question-4
Which of the following must a promissory note contain to make it negotiable?
Acknowledgement of debt
Implied promise to pay
Unconditional affirmative to pay
Promise to negotiate

Question-5
What is the employer's advantage in offering workers' compensation?
The employer need not pay for workers' compensation insurance.
The employer is exempt from having to offer paid medical leave.
The employer can avoid a lawsuit from an injured worker.
The employer can offer lower basic pay to workers.

Question-6
__________ discrimination occurs when an employer discriminates against an entire protected class.
Disparate treatment
Disparate impact
Favored treatment
Unfair impact

Question-7
Which of the following happens when a general partner withdraws from a limited partnership?
The partnership must be sold.
The partnership is transferred.
The partnership is dissolved.
The partnership operates normally.

Question-8
Which of the following is true regarding FDA regulations for cosmetics?
There is no law in the United States against animal testing for cosmetics.
All substances and preparations for cosmetic use are chemically proven to be free from carcinogens before sale by the FDA.
Ordinary household soap is evaluated in terms of its quality and safety as a cosmetic good under the FDA.
New cosmetics are released on the market only if they have the "CRUELTY-FREE" label on their package.

Question-9
A merger between two or more companies that compete in the same business and geographical market is known as a(n):
horizontal merger.
vertical merger.
market extension merger.
conglomerate merger.

Question-10
The legal rights that an owner has to possess, use, and enjoy his or her property are known as:
future interests.
estate in land.
easement rights.
estoppel by deed.

   

C12 Case Analysis 2 - United States v. Hansen

United States v. Hansen

Click here to access the assigned case.

Be sure to save an electronic copy of your answers before submitting it to Ashworth College for grading.  Unless otherwise stated, you should answer in complete sentences, and be sure to use correct English, spelling, and grammar.  Sources must be cited in APA format.

Your response should be a minimum of four (4) double-spaced pages; refer to the Length and Formatting instructions below for additional details.

In complete sentences respond to the following prompts:

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Do you agree or disagree with the court's decision? Provide an explanation for your reasoning either agree or disagree.

           

I'm protected online with Avast Free Antivirus. Get it here — it's free forever.

C12 Case Analysis 1 Option Wireless LTD v. OpenPeak, Inc

Option Wireless LTD v. OpenPeak, Inc.

Your response should be a minimum of four (4) double-spaced pages; refer to the Length and Formatting instructions below for additional details.

In complete sentences respond to the following prompts:

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Are there any situations in which it might be a good idea to include additional or different terms in the "acceptance" without making the acceptance expressly conditional on assent to the additional or different terms?
• Under what conditions can a contract be formed by the parties' conduct? Why wasn't the conduct of the parties here used as the basis for a contract?
• Do you agree or disagree with the court's decision? Provide an explanation for your reasoning either agree or disagree.

        

C12 Case Analysis- Awad v. Ziriax, et al, No. 10-6273.

Awad v. Ziriax, et al, No. 10-6273 (10th Cir. 2012)

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Can a U.S. court enforce a clause in a contract specifying that Sharia law will apply?
• When, if ever, should a national court look to decisions of courts in other nations when interpreting its own nation's constitution?
•  
• Do you agree or disagree with the court's decision? If you disagree, provide an explanation of your reasoning.

   4 pages plus reference page.

 

 

C12 Case Analysis 3 Securities and Exchange Commission v. Edwards

Securities and Exchange Commission v. Edwards

 

• Summarize the facts of the case;
• Identify the parties and explain each party's position;
• Outline the case's procedural history including any appeals;
• What is the legal issue in question in this case?
• How did the court rule on the legal issue of this case?
• What facts did the court find to be most important in making its decision?
• Respond to the following questions:
• Why was the Supreme Court unwilling to exclude contracts guaranteeing a fixed rate of return from the definition of security?
• Are mortgage notes securities when they are sold with a package of management services and a promise to repurchase the notes in the event of default?
• Do you agree or disagree with the court's decision? If you disagree, provide an explanation of your reasoning.

          

C12 Week 6 Follow up discussion question

Discuss the application of environmental protection law in today's world. Provide two (2) examples of how the application of environmental protection law affects business or business operations.

(253 words)

 

Virus-free. www.avast.com

C12 Week 5 Discussion - Follow up question

Some believe that the law is the least common denominator of ethical behavior. Do you agree? Explain the differences and why you chose as you did.

(162 words)

C12 Week 5 Threaded Discussion

If you owned your own business, would you prefer that it be a sole proprietorship or a general partnership? Explain the differences and why you have chosen as you did. 

(300 words)

 

C12 Assignment 8_12

ASSIGNMENT 08

C12 Business Law

Directions:  Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Part A

1.       Describe two (2) legislations that have been implemented to minimize the damage caused by oil spills.

2.       Describe two (2) measures taken to protect wetlands in the United States.

Part B

Find two (2) examples of businesses in your local community that attempt to disclaim liability for damage to or loss of bailed property (usually, the disclaimer is in the form of a sign behind a cash register, or language on a ticket stub.) Examples of businesses that typically attempt to disclaim liability for damage to or loss of bailed property include automobile mechanics and dry-cleaning establishments.

1.       Provide basic information concerning each of the two (2) examples:

a.       Names of the establishments

b.      Nature of their businesses

c.       Language of their attempted disclaimers of liability.

 

2.       Provide your reasoned opinion as to whether, in any or all of the examples you have discovered, the businesses have effectively disclaimed liability. Provide at least two (2) supporting facts to justify your position.

    

C12 Week 3 Threaded Discussion Follow up

Using examples, please describe and distinguish between express and implied- in- fact contracts.

(145 words)

 

C12 Assignment 4_06

ASSIGNMENT 04

C12 Business Law

Directions:  Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling and grammar. Sources must be cited in APA format. Your response should be four (4) double-spaced pages; refer to the "Assignment Format" page located on the Course Home page for specific format requirements.

Part A

Using the Internet as a resource, research the Coca-Cola Company's efforts to keep its soft drink formula a trade secret over the course of the company's (and the soft drink's) one hundred-year-plus history.

1.    Provide a brief summary of The Coca-Cola Company's efforts to protect its soft drink formula as a trade secret.

 

2.    Describe one (1) challenge the company has faced in preserving its trade secret.

 

3.    Describe two (2) reasons why The Coca-Cola Company would choose to protect its soft drink formula as a trade secret, as opposed to using another form of intellectual property protection (for example, a patent).

Part B

1.    Through Internet research, find and describe three (3) examples of physical or mental problems covered by the American with Disabilities Act (ADA), and three (3) examples of physical or mental problems not covered by the ADA.

 

2.    Present an argument supporting the position that the ADA has been appropriately interpreted and applied by the courts (in terms of the types of disabilities covered), or that it has not (for example, that it has been overly interpreted and applied to too many types of physical and mental maladies). Provide two (2) supporting facts to justify your position.

   

Virus-free. www.avast.com

C12 Online Exam 8_11 SCORE 100 PERCENT

Question 1 of 20

The Treaty Clause provides that:

    A. the president can make treaties of his own accord autonomously.

    B. the president can enter into treaties with two-thirds senate approval.

    C. the states have exclusive power to regulate internal and foreign affairs.

    D. the federal government has supremacy over the state in matters of international trade.

Question 2 of 20

The __________ exception is an exception to the Foreign Sovereign Immunities Act?

    A. sham

    B. managed trade

    C. diversity of citizenship

    D. commercial activity

Question 3 of 20

Which of the following statements is TRUE of the European Union?

    A. All issues have to be passed unanimously by EU members to be enforced

    B. Every country in the European Union has adopted the euro as its monetary unit

    C. Custom duties have been removed among member nations of the European Union

    D. Custom tariffs have been removed for trade between the EU and the rest of the world

Question 4 of 20

The __________ is an international organization created by a multilateral treaty in 1945 to promote social and economic cooperation among nations and to protect human rights.

    A. United Nations

    B. League of Nations

    C. General Agreement on Tariffs and Trade

    D. World Trade Organization

Question 5 of 20

The __________ is an international organization of 153 member nations created in 1995 to promote and enforce trade agreements among member countries and customs territories.

    A. World Trade Organization

    B. International Monetary Fund

    C. North American Free Trade Commission

    D. General Agreement on Tariffs and Trade

Question 6 of 20

The classical Hindu law was based on:

    A. civil codes.

    B. court decisions.

    C. works of private scholars.

    D. canons called Torahs.

Question 7 of 20

The role of the WTO dispute settlement body is to:

    A. hear appeals on decisions made about a dispute.

    B. create panel reports on the findings of a dispute.

    C. hear the dispute settlement from the plaintiff.

    D. review panel reports and adopt them if necessary.

Question 8 of 20

The International Monetary Fund is:

    A. a federal body that consists of representatives from all the states, including federal experts.

    B. funded from the Superfund created by the Comprehensive Environmental Response, Compensation, and Liability Act.

    C. an autonomous agency under the UN which promotes sound monetary, fiscal, and macroeconomic policies worldwide.

    D. responsible for providing one-time grants to needy countries with no terms and conditions attached to the assistance.

Question 9 of 20

Ecuador, Algeria, and the United Arab Emirates are members of the:

    A. North American Free Trade Agreement.

    B. Dominican Republic-Central America Free Trade Agreement.

    C. Association of Southeast Asian Nations.

    D. Organization of Petroleum Exporting Countries.

Question 10 of 20

The __________ prescribes comprehensive and integrated rules of religious, political, and legal life that together form Jewish thought.

    A. Canon

    B. Torah

    C. Dharmasastra

    D. Riba

Question 11 of 20

Which of the following is provided under the Foreign Sovereign Immunities Act?

    A. Rules for conflict resolution among DR-CAFTA members

    B. Endowment of the president with powers to enter into treaties with foreign nations

    C. Guidelines to govern suits against foreign nations within the United States

    D. Regulation of commerce between the United States and foreign nations

Question 12 of 20

__________ is a regional international organization that comprises many countries of Western and Eastern Europe and was created to promote peace and security as well as economic, social, and cultural development.  

    A. European Economic Community

    B. Common Market

    C. North Atlantic Treaty Organization

    D. European Union

Question 13 of 20

If a state enacts a law that increases its tax on imported automobiles but not on American-made automobiles, it violates the __________ Clause of the U.S. Constitution.

    A. Equal Protection

    B. Foreign Commerce

    C. Supremacy

    D. Due Process

Question 14 of 20

Which of the following statements is TRUE of the NAFTA?

    A. It allows a member country to reimpose tariffs if imports are hurting that country's economy or its workers

    B. It disallows any special protection from being extended to specific industries

    C. It disallows NAFTA members from trading with other countries unless a unanimous permission is obtained

    D. It has been hailed by economists as a perfect example of a free trade pact

Question 15 of 20

__________ Clause and _________ Clause are a pair of constitutional provisions giving the federal government the authority to regulate foreign affairs.

    A. Due Process; Double Jeopardy

    B. Supremacy; Equal Protection

    C. Free Exercise; Establishment Clause

    D. Foreign Commerce; Treaty Clause

Question 16 of 20

The __________ Clause is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

    A. Equal Protection

    B. Supremacy

    C. Forum-selection

    D. Choice of law

Question 17 of 20

Throughout Christianity, divine and natural laws have been issued in the form of:

    A. edicts.

    B. conventions.

    C. novations.

    D. canons.

Question 18 of 20

The International Court of Justice:

    A. is the executive branch of the United Nations that helps interpret international law.

    B. only hears cases involving nations, and not individuals or businesses.

    C. does have the authority to hear cases involving treaties and UN charters.

    D. is headed by the secretary-general of the United Nations.

Question 19 of 20

The __________ is a rule which states that judges of one country cannot question the validity of an act committed by another country within that other country's borders.

    A. Doctrine of Sovereign Immunity

    B. Act of State Doctrine

    C. Colgate Doctrine

    D. Noerr-Pennington Doctrine

Question 20 of 20

The __________ is a trilateral treaty that has removed or reduced tariffs, duties, quotas, and other trade barriers between the United States, Canada, and Mexico.

    A. Free Trade Area of the Americas Treaty

    B. North American Free Trade Agreement

    C. Central America Free Trade Agreement

    D. General Agreement on Tariffs and Trade

     

C12 Online Exam 7_10 SCORE 100 PERCENT

Question 1 of 40

The Consumer Product Safety Commission is a(n):

  A.  communion of two state-funded regulatory bodies working together to ensure consumer safety.

  B.  federal body created to ensure the safety of a few consumer products like motor vehicles, boats, aircraft, and firearms.

  C.  independent federal administrative agency that regulates potentially dangerous consumer products.

  D.  federal agency working to ensure product safety standards for food, poultry, medicines, and medical.

 

Question 2 of 40

The EPA standards set for toxic substances:

  A.  are set without regard for economic or technological feasibility.

  B.  are set based on the recommendation of business owners affected by the pollution.

  C.  require the EPA to identify all chemicals based on the NAAQS.

  D.  require a complete ban on all toxic substances.

 

Question 3 of 40

Which of the following is TRUE regarding antitrust laws?

  A.  Antitrust laws are fixed and unchangeable

  B.  Each new administration adopts a different policy for enforcing antitrust laws

  C.  Federal antitrust laws provide for government lawsuits and exclude private lawsuits from their purview

  D.  Treble damages cannot be sought in antitrust lawsuits

 

Question 4 of 40

The importance of the Biosafety Protocol prescribed by the UN is that it:

  A.  dictates the terms and conditions for the production of genetically modified food.

  B.  prevents people from differentiating between normal and organic food.

  C.  notifies people of the presence of genetically modified food in the market.

  D.  assures people of the quality of food by providing details of its testing process.

 

Question 5 of 40

The Superfund Act, administered by the EPA, gives the federal government a mandate to:

  A.  establish marine sanctuaries in ocean waters as far seaward as the edge of the continental shelf.

  B.  impose fines on buildings and offices that cause harm to their occupants due to indoor air pollution.

  C.  clean up hazardous wastes that have been spilled, stored, or abandoned.

  D.  set standards on toxic substances that can be used or sold.

 

Question 6 of 40

Which of the following powers allows administrative agencies to issue substantive rules?

  A.  Rule making

  B.  Executive power

  C.  Judicial authority

  D.  Licensing

 

Question 7 of 40

A geographical area that does not meet established air quality standards is designated as a(n) __________ area.

  A.  limited pollution

  B.  nonattainment

  C.  zoned ordinance

  D.  federal regulation

 

Question 8 of 40

General government regulation consists of laws that regulate:

  A.  the legislative branch of the federal government.

  B. 

government-aided organizations.

 

   C.  the executive branch of the federal government.

  D.  businesses and industries.

 

Question 9 of 40

__________ requires the respondent to be given proper and timely notice of the allegations or charges against him or her as well as an opportunity to present evidence on the matter.

  A.  Interpretive rule

  B.  Substantive due process

  C.  Procedural due process

  D.  Code of operation

 

Question 10 of 40

The Federal Trade Commission, which enforces federal antitrust and consumer protection laws, is an example of a(n):

  A.  independent federal administrative agency.

  B.  government-aided organization.

  C.  law enforcement agency.

  D.  cabinet-level federal department.

 

Question 11 of 40

The Endangered Species Act:

  A.  is the only federal law that protects wildlife at present.

  B.  empowers the Secretary of the Interior to declare a form of wildlife as endangered.

  C.  does not include marine species and amphibian life forms.

  D.  applies only to the government taking of any endangered species.

 

Question 12 of 40

Administrative laws are also referred to as:

  A.  ordinances.

  B.  regulatory statutes.

  C.  default judgments.

  D.  statements of policy.

 

Question 13 of 40

Price fixing:

  A.  is a reasonable violation of Section I of the Sherman Act.

  B.  is a process seen exclusively among sellers of goods and services.

  C.  is permissible as it helps consumers or protects competitors from ruinous competition.

  D.  also involves fixing the quantity of a product or service to be produced or provided.

 

Question 14 of 40

__________ laws are federal and state statutes and regulations that promote product safety and prohibit abusive, unfair, or deceptive business practices.

  A.  Profit-à-prendre

  B.  Canon

  C.  Consumer protection

  D.  Caveat emptor

 

Question 15 of 40

The __________ is a federal administrative agency created by Congress to coordinate the implementation and enforcement of federal environmental protection laws.

  A.  Ministry of Environmental Protection

  B.  Environmental Investigation Agency

  C.  Environmental Protection Agency

  D.  Global Environment Facility

 

Question 16 of 40

If a food product is released with a controversial new preservative, which of the following provisions of the NLEA would help consumers identify the banned preservative prior to consumption?

  A.  Condemnation of unfit food products

  B.  Disclosure of information on food labels

  C.  Inspection of storage facilities

  D.  Initiating legal proceedings against violators

 

Question 17 of 40

Which of the following is an example of a vertical restraint of trade?

  A.  Group boycott

  B.  Price fixing

  C.  Resale price maintenance

  D.  Division of markets

 

Question 18 of 40

__________ laws are a series of laws enacted to specifically limit anticompetitive behavior and monopolistic practices in almost all industries, businesses, and professions operating in the United States.

  A.  Contract

  B.  Antitrust

  C.  Laissez-faire

  D.  Canon

 

Question 19 of 40

__________ is demonstrated when an independent choice is made by one party not to deal with another party.

  A.  Non-price vertical restraint

  B.  Monopoly to deal

  C.  Unilateral refusal to deal

  D.  Conscious parallelism

 

Question 20 of 40

Federal administrative agencies are created by:

  A.  the U.S. President.

  B.  the U.S. Congress.

  C.  general public elections.

  D.  the U.S. judiciary.

 

Question 21 of 40

Which of the following is TRUE of the 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 reclaim his or her property completely from the finder

  D.  The owner of the premises where property is mislaid is entitled to possession but cannot acquire title

 

Question 22 of 40

A(n. __________ is an instrument that describes a person's ownership interest in a piece of real property.

  A.  title insurance

  B.  deed

  C.  license

  D.  easement

 

Question 23 of 40

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

  A.  personal

  B.  movable

  C.  chattel

  D.  real

 

Question 24 of 40

A life tenant:

  A.  has the right to sell a life estate at will.

  B.  is a person who gives a life estate to another.

  C.  can possess a life estate to the point of rendering it worthless by permanent damage.

  D.  is treated as the owner of the property for the duration of a life estate.

 

Question 25 of 40

A given or required right to make limited use of someone else's land without owning or leasing it is called a(n):

  A.  zoning ordinance.

  B.  title insurance.

  C.  easement.

  D.  abstract of title.

 

Question 26 of 40

__________ is a method of acquiring ownership that involves a manufacturer purchasing raw materials and then manufacturing a finished good.

  A.  Gifting

  B.  Producing

  C.  Capturing

  D.  Purchasing

 

Question 27 of 40

A warehouse receipt is a(n):

  A.  receipt received by a warehouse after the bailor has retrieved the bailed goods and a payment has been made.

  B.  document of title issued by a warehouse company stating that the bailor has title to the bailed goods.

  C.  certificate of authenticity issued by a warehouse stating that it is certified to hold bailed goods.

  D.  inventory list provided to a warehouse company by the bailor of the bailed goods.

 

Question 28 of 40

Land, as well as buildings, trees, soil, minerals, timber, plants, and other things permanently affixed to the land, are known as:

  A.  chattel.

  B.  intangible property.

  C.  personal property.

  D.  real property.

 

Question 29 of 40

Property that an owner voluntarily places somewhere and then inadvertently forgets is known as __________ property.

  A.  real

  B.  abandoned

  C.  mislaid

  D.  lost

 

Question 30 of 40

Which of the following is a form of co-ownership that disallows the right of survivorship and allows unilateral transfer of interest?

  A.  Tenancy in common

  B.  Joint tenancy

  C.  Cooperatives

  D.  Tenancy by the entirety

 

Question 31 of 40

A quiet title action is a lawsuit:

  A.  to determine the rightful owner of a disputed property and his/her rights.

  B.  to enforce the right to survivorship for the holder of the title deed.

  C.  asking for the release of the details of a separate property from a couple.

  D.  to obtain reimbursement for losses caused by undiscovered defects in title

 

Question 32 of 40

Real property:

  A.  refers to personal property permanently attached to a land.

  B.  can be either tangible or intangible property.

  C.  cannot become personal property under any circumstances.

  D.  includes land with property permanently attached to it.

 

Question 33 of 40

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

 

Question 34 of 40

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.  bailment for the sole benefit of the bailor

 

Question 35 of 40

Which of the following is an example of intangible property?

  A.  Copyrights

  B.  Fixtures

  C.  Minerals

  D.  Automobiles

 

Question 36 of 40

__________ is a form of co-ownership of real property that can be used only by married couples.

  A.  Cooperatives

  B.  Tenancy in common

  C.  Joint tenancy

  D.  Tenancy by the entirety

 

Question 37 of 40

__________ is a form of co-ownership that includes the right of survivorship as well as the right of tenants to unilaterally transfer their interest without the consent of co-tenants.  

  A.  Tenancy in common

  B.  Joint tenancy

  C.  Cooperatives

  D.  Tenancy by the entirety

 

Question 38 of 40

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 the goods cannot be acquired by confusion

  D.  Title to goods can only be acquired if the goods were commingled by accident

 

Question 39 of 40

A __________ is a right of possession that returns to the grantor after the expiration of a limited or contingent estate.

  A.  reversion

  B.  remainder

  C.  quiet title action

  D.  nonconforming use

 

Question 40 of 40

__________ is a type of ownership of real property that grants the owner the fullest bundle of legal rights that a person can hold in real property.

  A.  Fee simple absolute

  B.  Life estate

  C.  Servient estate

  D.  Fee simple defeasible