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Can someone please assist me with the questions below?
Can someone please assist me with the questions below?
Q1. Most covenants impose a benefit on an estate.
a. true
b. false
Q2. Which of the following is an example of something regulated by a zoning rule:
a. ethnicity of people in a neighborhood
b. tax burdens
c. building size
d. number of judges appointed to a county
Q3. Which of the following is an intentional tort against property:
a. defamation
b. conversion
c. malicious prosecution
d. invasion of privacy
Q4. Property is:
a. something inherited from an ancestor
b. the legally protected expectation of being able to use a thing for one's advantage
c. always a physical object that can be sold or given to another person
d. never a physical object
e. something universally recognized as subject to unrestricted trading
Q5. If the government takes land from a private owner without the consent of the owner it is exercising the right of:
a. eminent domain
b. caveat emptor
c. easement publica
d. Landham Act action
e. government domain
Q6. Deeds:
a. are in writing
b. are written or oral
c. are legal only in certain states
d. can only be used when the property being transferred is worth more than $10,000
Q7. One who possesses lands by any right or title is referred to as a(n):
a. holder
b. possessor
c. tenant
d. private property owner
Q8. A person who is given the right to use property during their lifetime is given _____________ in the property.
a. an easement
b. a life estate
c. a covenant
d. a non-coercive claim
Q9. The reputation of a firm that gives value to trademarks and other such forms of intellectual property combined with the trust of many customers is known as:
a. trade secrets
b. copyright
c. good copy
d. goodwill
e. good relations
Q10. Rights of literary property as recognized by law are:
a. copyrights
b. patents
c. estates
d. literary rights
e. media rights
Q11. Patents may be granted for theories that are proven.
a. true
b. false
Q12. What allows exclusive control over original written works, musical compositions, art and photography; including control over reproduction, display and derived works:
a. copyrights
b. patents
c. trademarks
d. trade names
e. servitudes
Q13. A copyright gives the owner the right to prepare derivative works from the original.
a. true
b. false
Q14. Which of the following is an example of intangible property:
a. computers
b. furniture
c. copyrights
d. land
Q15. Intellectual property protection around the world is encouraged by:
a. the World Intellectual Property Organization
b. the World Intellectual Property Group
c. the International Society for Intellectual Property Protection
d. the United Nations
e. the European Union
Q16. ________________ is property that may be invisible and impossible to hold.
a. intangible property
b. good property
c. real property
d. temporary property
e. actual property
Q17. If a party fails to perform a nonbinding promise:
a. contract law will provide a remedy
b. contract law will not provide a remedy
c. contract law will provide a remedy in some states, but not others
d. the injured party must bring the case to the Supreme Court
e. the party that fails to perform will be held liable for up to $100,000 worth of damages
Q18. An effective offer requires a clear manifestation of intent, definite terms and conditions, and communication of the offer.
a. true
b. false
Q19. The purpose of a contract is to:
a. make it easy to do international business transactions
b. encourage innovation
c. encourage investment
d. give parties confidence that bargained-for exchanges will be enforceable
e. give parties confidence that they will make a profit
Q20. A 16-year-old goes to a used car dealership and pays $2,000 cash to buy a car off the lot.
a. assuming no fraud by the dealer, and that the car is really worth about $2,000, the contract is valid
b. the dealer realizes that the car is worth more than $2,000, so he can void the contract and insist on the car back
c. the 16-year-old can bring the car back the next day and demand his money back (less damages) because the contract is voidable
d. the parents of the 16-year-old cannot try to get the money back for the car because parents are responsible for providing their children with necessities
Q21. The idea that breach of contract generally only allows recovery for profits and costs incurred due to the breach is called:
a. the compensatory rule
b. the economic loss rule
c. the remedy doctrine
d. contract damages doctrine
Q22. When someone accepts an offer by an exchange of mutual promises, what kind of contract has been formed?
a. implied
b. unilateral
c. executed
d. bilateral
e. commercial
Q23. When the payment of money damages is inadequate for a breach of contract a court may order the remedy of:
a. specific performance
b. extra performance
c. nominal performance
d. compensatory performance
e. special performance
Q24. Consideration is the element of a contract that:
a. allows it to be a gift
b. prevents it from being a gift
c. gives the offeror a better deal
d. gives the offeree a better deal
e. provides the terms of acceptance
Q25. A smooth talking door-to-door salesman talks you into buying $200 worth of magazine subscriptions. After he leaves you want out of the deal. The contract you signed:
a. is voidable because you did not give genuine consent
b. is voidable because you were under duress
c. will be voidable only if you can show the subscriptions are worth far less than you paid
d. may be rescinded within 3 days under the FTC Cooling-Off Rule
e. is enforceable, you cannot walk away from this