Question 1

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 2

WeMove4U Inc.is a transport company that operates in Alberta and Saskatchewan.The company has recently adopted a new standard charge agreement that severely limits its liability in the event of mishap with bailed property.By pointing out this clause to its customers,WeMove4U is shifting the burden for damage or loss to the bailor,who should purchase adequate insurance coverage.

Accepted Answer

A) True 
 B)False

Question 3

In what way is Aboriginal title unique compared to other forms of land ownership?

Accepted Answer

A)  It includes the right to enjoy and manage. 
B)  It is collectively held. 
C)  It can be used to grant security interests. 
D)  It imposes a duty to exercise reasonable care. 
A)  It includes the right to enjoy and manage. 
B)  It is collectively held. 
C)  It can be used to grant security interests. 
D)  It imposes a duty to exercise reasonable care.

Question 4

Which of the following is NOT a feature of 'Aboriginal title'?

Accepted Answer

A)  the right to decide how land will be used 
B)  the right to the economic benefits of the land 
C)  the right to sell the land 
D)  the right to proactively use and manage the land 
A)  the right to decide how land will be used 
B)  the right to the economic benefits of the land 
C)  the right to sell the land 
D)  the right to proactively use and manage the land

Question 5

Remmie owns the associated rights to property,the buildings,and everything affixed to them located on that property,and the property itself.How is this particular asset likely to be classified?

Accepted Answer

A)  as chattel property 
B)  as intangible property 
C)  as real property 
D)  as tangible property 
A)  as chattel property 
B)  as intangible property 
C)  as real property 
D)  as tangible property

Question 6

How is ownership of intellectual property acquired?

Accepted Answer

A)  through creation,licence,or transfer 
B)  through purchase,manufacture,or trading 
C)  through creation,registration,or purchase 
D)  through licence,manufacture,or transfer 
A)  through creation,licence,or transfer 
B)  through purchase,manufacture,or trading 
C)  through creation,registration,or purchase 
D)  through licence,manufacture,or transfer

Question 7

Which of the following describes a right of a carrier in the event a customer fails to pay for the transport?

Accepted Answer

A)  the right to sell the customer's property 
B)  the right to impose a common law lien 
C)  the right to punitive damages 
D)  the right to liquidated damages 
A)  the right to sell the customer's property 
B)  the right to impose a common law lien 
C)  the right to punitive damages 
D)  the right to liquidated damages

Question 8

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 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

What legal mechanism might be used to facilitate the management of a pension fund by administrators on behalf of the plan members?

Accepted Answer

A)  a trust 
B)  an easement 
C)  an endorsement 
D)  a bailment 
A)  a trust 
B)  an easement 
C)  an endorsement 
D)  a bailment

Question 11

Jordan's RV Storage business would be required to exercise a higher degree of care toward a holiday trailer owned by one of its paying customers than would someone who permits a friend to store a holiday trailer on his land free of charge.

Accepted Answer

A) True 
 B)False

Question 12

Serena found a silver bracelet in the washroom of a hotel.Assuming the bracelet was accidentally left by its owner,which of the following best describes the rights of the parties to the necklace?

Accepted Answer

A)  The hotel has greater rights to the bracelet than Serena. 
B)  Serena has greater rights to the necklace than the original owner. 
C)  The original owner has greater rights to the necklace than Serena and the hotel. 
D)  The hotel has greater rights to the necklace than the original owner. 
A)  The hotel has greater rights to the bracelet than Serena. 
B)  Serena has greater rights to the necklace than the original owner. 
C)  The original owner has greater rights to the necklace than Serena and the hotel. 
D)  The hotel has greater rights to the necklace than the original owner.

Question 13

A key aspect of a bailment contract is often the limitation of the liability that the common law rules of bailment create.

Accepted Answer

A) True 
 B)False

Question 14

All property,other than land and what is attached to land,that can be identified by its mobility is known as personal property.

Accepted Answer

A) True 
 B)False

Question 15

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 16

What is the most significant aspect of a bailment contract?

Accepted Answer

A)  It provides remedies for the failure to perform obligations. 
B)  It reduces serious defects affecting contractual formation or performance. 
C)  It limits the liability that common law rules of bailment create. 
D)  It avoids legal complications for damage or loss of bailed property. 
A)  It provides remedies for the failure to perform obligations. 
B)  It reduces serious defects affecting contractual formation or performance. 
C)  It limits the liability that common law rules of bailment create. 
D)  It avoids legal complications for damage or loss of bailed property.

Question 17

Which of the following would be the result of a commercial customer's limited means of monitoring a storage facility's treatment of the property given to it for storage?

Accepted Answer

A)  Liability is excluded completely or limited to a very small amount. 
B)  The bailee must provide consent for storage at an alternative location. 
C)  The law imposes a high level of accountability for the treatment of the bailor's property. 
D)  The law imposes a high level of accountability for the treatment of the bailee's property. 
A)  Liability is excluded completely or limited to a very small amount. 
B)  The bailee must provide consent for storage at an alternative location. 
C)  The law imposes a high level of accountability for the treatment of the bailor's property. 
D)  The law imposes a high level of accountability for the treatment of the bailee's property.

Question 18

Which statement best describes an innkeeper's common law liability for guest property?

Accepted Answer

A)  They have total control and therefore complete liability. 
B)  They must take great care and are responsible for theft or loss. 
C)  They are only responsible for losses caused by the innkeeper's staff. 
D)  They are only liable for gross negligence. 
A)  They have total control and therefore complete liability. 
B)  They must take great care and are responsible for theft or loss. 
C)  They are only responsible for losses caused by the innkeeper's staff. 
D)  They are only liable for gross negligence.

Question 19

What is a difference between a warehouseman's lien and a carrier's lien?

Accepted Answer

A)  Warehousemen represent themselves to the public as storekeepers for reward. 
B)  Warehousemen have a common law lien right with the right to sell property. 
C)  Common carrier contracts are typically covered by federal legislation. 
D)  Common carriers have a common law lien right without the right to sell property. 
A)  Warehousemen represent themselves to the public as storekeepers for reward. 
B)  Warehousemen have a common law lien right with the right to sell property. 
C)  Common carrier contracts are typically covered by federal legislation. 
D)  Common carriers have a common law lien right without the right to sell property.

Question 20

How is personal property categorized and what are the key features of these categories?

Accepted Answer

Personal property includes everything ot

Exam 17: Introduction to Property Law

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

In what way is Aboriginal title unique compared to other forms of land ownership?

Which of the following is NOT a feature of 'Aboriginal title'?

Remmie owns the associated rights to property,the buildings,and everything affixed to them located on that property,and the property itself.How is this particular asset likely to be classified?

How is ownership of intellectual property acquired?

Which of the following describes a right of a carrier in the event a customer fails to pay for the transport?

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

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

What legal mechanism might be used to facilitate the management of a pension fund by administrators on behalf of the plan members?

Jordan's RV Storage business would be required to exercise a higher degree of care toward a holiday trailer owned by one of its paying customers than would someone who permits a friend to store a holiday trailer on his land free of charge.

Serena found a silver bracelet in the washroom of a hotel.Assuming the bracelet was accidentally left by its owner,which of the following best describes the rights of the parties to the necklace?

A key aspect of a bailment contract is often the limitation of the liability that the common law rules of bailment create.

All property,other than land and what is attached to land,that can be identified by its mobility is known as personal property.

Which of the following is an example of a bailment?

What is the most significant aspect of a bailment contract?

Which of the following would be the result of a commercial customer's limited means of monitoring a storage facility's treatment of the property given to it for storage?

Which statement best describes an innkeeper's common law liability for guest property?

What is a difference between a warehouseman's lien and a carrier's lien?

How is personal property categorized and what are the key features of these categories?

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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