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Collision insurance
a. usually has a deductible.
b. covers damage to a vehicle regardless of the amount.
c. covers only collision with another vehicle.
d. provides no coverage if the driver is negligent.
To be classified as a tort, a wrongful act
a. may be deliberate.
b. may be a result of carelessness.
c. must result in injury to a person or a person's property.
d. all of these.
Major corporate policy is determined by
a. stockholders.
b. officers.
c. directors.
d. managers.
Of the following debts, the only one that is dischargeable in bankruptcy is
a. an automobile loan.
b. child support.
c. alimony.
d. taxes.
The contracts of mentally ill persons not judged insane by the courts are
a. void.
b. able to be disaffirmed if made during a period of normalcy.
c. binding on the persons' guardians.
d. none of these.
Of the following, the only method that will not effectively revoke a will is
a. tearing up the will.
b. writing a new will.
c. executing a codicil.
d. writing a letter of revocation.
Johnson leaves her garbage in open containers, causing obnoxious odors in her
neighborhood. This is an example of
a. nuisance.
b. fraud.
c. trespass.
d. invasion of privacy.
The terms "foreseeability" and "proximate cause" are associated with the tort of
a. conversion.
b. trespass.
c. slander.
d. negligence.
Martinson used his van to deliver illegal drugs to users throughout a particular city.
Because the van was old, he decided to trade it in for a new van. The contract that
Martinson makes with the car agency to purchase a new van is
a. illegal; therefore, Martinson would not have to pay for the van when it is delivered to
him.
b. legal; therefore, Martinson would have to pay for the van when it is delivered to him.
c. illegal; therefore, when Martinson receives the van, he must return it to the car
agency.
d. illegal; therefore, Martinson would not have to pay for the van when it is delivered to
him, but when Martinson receives the van, he must return it to the car agency.
Real property includes
a. land.
b. buildings.
c. rights in the land of another.
d. all of these.
Remedies available in a civil action include all of the following except
a. damages.
b. ordering a person to refrain from certain conduct.
c. ordering a person to perform a certain act.
d. a prison term.
A buyer can recover goods that are not unique and are wrongfully withheld by the seller
through the remedy of
a. cover.
b. replevin.
c. cure.
d. repossession.
Law in the United States is derived primarily from
a. constitutions, statutes, and ordinances.
b. court decisions.
c. administrative regulations.
d. all of these.
The best precaution for a store owner who is about to sell a laptop computer to a minor
is to
a. sell for cash only.
b. have the agreement in writing.
c. indicate to the minor that the sale is final.
d. obtain the parent's signature on the agreement along with the minor's.
A court of original jurisdiction is called a
a. trial court.
b. higher court.
c. review court.
d. criminal court only.
Under Article 2 of the UCC, when a contract involves a mixed sale such as a sale of
goods and a sale of services, which of the following statements is correct?
a. The courts ordinarily will apply Article 2 to any contract that involves goods.
b. The courts ordinarily will apply Article 2 when the sale of goods is the primary
purpose of the transaction
c. The courts ordinarily will not apply Article 2 to any contract that involves the sale of
services.
d. Whether article 2 applies depends upon the dollar amount of the contract.
Necessaries include
a. the basics-food, clothing and shelter.
b. the services of an attorney.
c. things included in the minor's station in life.
d. all of these.
Courts sometimes apply the doctrine of promissory estoppel to enforce a promise. This
doctrine
a. is grossly unfair.
b. requires consideration to be applicable.
c. sometimes allows enforcement of a promise even when an offeree gives no
consideration for an offeror's promise.
d. is a popular legal remedy.
Craven, a minor, sold her exercise bicycle to Franklin, an adult, who resold it to Lavin,
a good faith purchaser. Lavin's title to the bicycle is
a. voidable.
b. valid.
c. void.
d. unenforceable.
A minor may disaffirm a contract
a. at any time up until a reasonable time after reaching majority.
b. only after reaching majority.
c. but must do so before reaching majority.
d. if it is for necessaries.
One remedy that is not available to a seller is
a. suing for breach of warranty.
b. stopping the goods in transit.
c. reclaiming the goods.
d. rescinding the contract.
A typical whistle-blower law would probably prevent an employer from firing an
employee if the employee
a. reported the employer for violating a labor law.
b. told the press that the employer was producing inferior goods.
c. gave away trade secrets to a competitor.
d. none of these.
What are the grounds for trying a case in a federal court?
a. State crimes and diversity of citizenship
b. Only diversity of citizenship cases involving $50,000 or more
c. Federal issues and diversity of citizenship
d. Bankruptcy and state crimes
Term insurance is less costly than whole life insurance because
a. it is written for long terms.
b. the amount of the policy is limited.
c. it has no cash value.
d. it cannot be assigned.
In making a distinction between law and equity, which of the following is a correct
statement concerning the distinction?
a. Law provides different remedies than those available in equity.
b. Equity grants relief in accordance with fair and just principles.
c. One possible remedy in a court of equity is specific performance.
d. All of these.
In a tenancy in common, there is a right of survivorship.
Consideration may be something other than money.
The U.S. courts of appeals are divided into ____________________ circuits.
You go to your favorite restaurant and select a complete dinner from the menu
presented to you. The waiter does not discuss price and you do not ask. Has a contract
been formed?
The inability to pay debts as they become due is called ____________________.
A corporation organized to practice accounting is an example of a(n)
____________________ corporation.
