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Ellen, Lawyer
Category: Homework
Satisfied Customers: 36714
Experience:  Lawyer, Accountant and Researcher
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***** for fivestarlaw****** Question 1 of 20 5.0 Points A

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***** for fivestarlaw******

Question 1 of 20 5.0 Points
A possession interest in which the lease continues for successive periods for the same length of time—weekly, monthly, or annually—and is automatically renewed at the end of the period is a:

A. periodic tenancy.

B. tenancy for years.

C. tenancy at will.

D. tenancy at sufferance.
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Question 2 of 20 5.0 Points
A landlord's promise that the premises have no defects that would impair the health, safety, or wellbeing of the occupants is an implied warranty of:

A. merchantability.

B. habitability.

C. safety.

D. title.
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Question 3 of 20 5.0 Points
The landlord has the right to collect the agreed-upon rent as provided in the:

A. sale deed.

B. quitclaim deed.

C. hire purchase deed.

D. lease agreement.
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Question 4 of 20 5.0 Points
When tenants transfer their entire interest in property for the remaining term of a lease it is a(n):

A. leasehold.

B. sublease.

C. eviction.

D. assignment.
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Question 5 of 20 5.0 Points
An agreement in which a suitcase is left with a railroad station checkroom is a:

A. bailment for the sole benefit of the bailee.

B. bailment for the sole benefit of the bailor.

C. mutual-benefit bailment.

D. constructive bailment.
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Question 6 of 20 5.0 Points
A guest whose stay is relatively uncertain is known as a:

A. traveler.

B. customer.

C. transient.

D. temporary.
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Question 7 of 20 5.0 Points
An individual or firm in the business of transporting goods between certain points as allowed by the various state commissions that regulate the carriers is known as a __________ carrier.

A. business

B. government

C. public

D. common
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Question 8 of 20 5.0 Points
The law requires that a common carrier must accept all shipments that it is authorized to:

A. purchase.

B. handle.

C. hypothecate.

D. pledge.
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Question 9 of 20 5.0 Points
__________ is the right of an owner of property such as plants or animals to increase in the property. The owner of a cow, for example, owns the calves born to the cow.

A. Statutory right

B. Accession

C. Legal right

D. Anticipation
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Question 10 of 20 5.0 Points
Ownership is held in __________ when all the rights of ownership in a particular piece of property are held by one person.

A. severalty

B. solitary

C. defiance

D. accession
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Question 11 of 20 5.0 Points
When two or more persons own equal shares of a property then it is called:

A. severalty.

B. co-ownership.

C. joint tenancy.

D. multiparty.
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Question 12 of 20 5.0 Points
The owner of a freehold estate who holds the estate absolutely is said to hold it in:

A. accession.

B. easements.

C. life estates.

D. fee simple.
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Question 13 of 20 5.0 Points
In a property, a person who holds a freehold estate only for his or her lifetime is said to hold a(n) __________ in the property.

A. accession

B. precession

C. life estate

D. benefit
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Question 14 of 20 5.0 Points
A living trust is also known as a(n) __________ trust.

A. testamentary

B. contemporary

C. inter vivos

D. constructive
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Question 15 of 20 5.0 Points
The responsibility of the trustee is that of a(n):

A. fiduciary.

B. probationary.

C. stationary.

D. exemplary.
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Question 16 of 20 5.0 Points
A person who makes a will is known as a(n):

A. testator.

B. administrator.

C. executor.

D. trustee.
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Question 17 of 20 5.0 Points
If the personal representative has been named in the will, he or she is known as the:

A. executor.

B. administrator.

C. testator.

D. legacy.
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Question 18 of 20 5.0 Points
A formal printed will must be signed by the testator and:

A. executed.

B. scripted.

C. witnessed.

D. supplemented.
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Question 19 of 20 5.0 Points
An agreement reached between a bailor and a bailee is a:

A. mortgage.

B. bailout.

C. bailment.

D. codicil.
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Question 20 of 20
Legally, property other than land, including both tangible property and intangible property, is considered __________ property.

A. real

B. personal

C. intangible

D. transient
Hi Seth,

I am working on your answers and shall post shortly
Customer: replied 3 years ago.

Thanks. I will leave $10 tip again

ok thanks

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Ellen, Lawyer
Category: Homework
Satisfied Customers: 36714
Experience: Lawyer, Accountant and Researcher
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