Question 1

Identify the rights that comprise the "bundle of rights" normally associated with the ownership of property.

Accepted Answer

Normally included in the bundl

Question 2

The burden placed on a common carrier to care for the goods of the bailor is determined by the concept of benefit of the relationship.If the bailment benefits the bailor exclusively,the common carrier is required to exercise slight care and is liable only for gross neglect.

Accepted Answer

A) True 
 B)False

Question 3

A bailee who specializes in a certain type of bailment is expected to exercise ordinary diligence but greater care than an ordinary person.

Accepted Answer

A) True 
 B)False

Question 4

What term describes the acquisition of ownership of land by occupying land owned by someone else?

Accepted Answer

A)  inadvertent ownership 
B)  adverse possession 
C)  lien 
D)  security interest 
A)  inadvertent ownership 
B)  adverse possession 
C)  lien 
D)  security interest

Question 5

What is an attractive way for a business to acquire the use of equipment for a specified period of time?

Accepted Answer

A)  through a bailment contract 
B)  through a possessory lien 
C)  through a lease 
D)  through an easement 
A)  through a bailment contract 
B)  through a possessory lien 
C)  through a lease 
D)  through an easement

Question 6

Which of the following describes one of the key roles of property law?

Accepted Answer

A)  to establish who may own personal property 
B)  to determine what counts as property and can thus be owned 
C)  to ensure property can be inherited 
D)  to provide guidelines for the exercise of the constitutional right to protect property 
A)  to establish who may own personal property 
B)  to determine what counts as property and can thus be owned 
C)  to ensure property can be inherited 
D)  to provide guidelines for the exercise of the constitutional right to protect property

Question 7

According to property law principles,all tangible materials are capable of being owned.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is an example of a bailment?

Accepted Answer

A)  transportation of personal property 
B)  purchase of personal property 
C)  a right of access to service an oil well 
D)  depositing a car at a garage for servicing 
A)  transportation of personal property 
B)  purchase of personal property 
C)  a right of access to service an oil well 
D)  depositing a car at a garage for servicing

Question 9

Which of the following might be used to transfer the right to use a particular method of manufacturing light bulbs?

Accepted Answer

A)  a bailment 
B)  a security interest 
C)  a patent 
D)  a licence 
A)  a bailment 
B)  a security interest 
C)  a patent 
D)  a licence

Question 10

In law,intellectual types of property are known as choses in action.

Accepted Answer

A) True 
 B)False

Identify the rights that comprise the "bundle of rights" normally associated with the ownership of property.

The burden placed on a common carrier to care for the goods of the bailor is determined by the concept of benefit of the relationship.If the bailment benefits the bailor exclusively,the common carrier is required to exercise slight care and is liable only for gross neglect.

A bailee who specializes in a certain type of bailment is expected to exercise ordinary diligence but greater care than an ordinary person.

What term describes the acquisition of ownership of land by occupying land owned by someone else?

What is an attractive way for a business to acquire the use of equipment for a specified period of time?

Which of the following describes one of the key roles of property law?

According to property law principles,all tangible materials are capable of being owned.

Which of the following is an example of a bailment?

Which of the following might be used to transfer the right to use a particular method of manufacturing light bulbs?

In law,intellectual types of property are known as choses in action.

Knowledge of Law As a Business Asset

The Canadian Legal System

Managing Legal Risks

Dispute Resolution

An Introduction to Contracts

Forming Contractual Relationships

The Terms of a Contract

Non-Enforcement of Contracts

Termination and Enforcement of Contracts

Introduction to Tort Law

The Tort of Negligence

Other Torts

The Agency Relationship

Business Forms and Arrangements

The Corporate Form: Organizational Matters

The Corporate Form: Operational Matters

Intellectual Property

Real Property

The Employment Relationship

Terminating the Employment Relationship

Professional Services

The Sale of Goods

Consumer Protection and Competition Law

Business and Banking

The Legal Aspects of Credit

Bankruptcy and Insolvency

Insurance

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Exam 17: Introduction to Property Law

Identify the rights that comprise the "bundle of rights" normally associated with the ownership of property.

The burden placed on a common carrier to care for the goods of the bailor is determined by the concept of benefit of the relationship.If the bailment benefits the bailor exclusively,the common carrier is required to exercise slight care and is liable only for gross neglect.

A bailee who specializes in a certain type of bailment is expected to exercise ordinary diligence but greater care than an ordinary person.

What term describes the acquisition of ownership of land by occupying land owned by someone else?

What is an attractive way for a business to acquire the use of equipment for a specified period of time?

Which of the following describes one of the key roles of property law?

According to property law principles,all tangible materials are capable of being owned.

Which of the following is an example of a bailment?

Which of the following might be used to transfer the right to use a particular method of manufacturing light bulbs?

In law,intellectual types of property are known as choses in action.

Knowledge of Law As a Business Asset

The Canadian Legal System

Managing Legal Risks

Dispute Resolution

An Introduction to Contracts

Forming Contractual Relationships

The Terms of a Contract

Non-Enforcement of Contracts

Termination and Enforcement of Contracts

Introduction to Tort Law

The Tort of Negligence

Other Torts

The Agency Relationship

Business Forms and Arrangements

The Corporate Form: Organizational Matters

The Corporate Form: Operational Matters

Intellectual Property

Real Property

The Employment Relationship

Terminating the Employment Relationship

Professional Services

The Sale of Goods

Consumer Protection and Competition Law

Business and Banking

The Legal Aspects of Credit

Bankruptcy and Insolvency

Insurance

Filters