LWP 365 Quiz 2

subject Type Homework Help
subject Pages 2
subject Words 182
subject Authors Arnold J. Goldman, William D. Sigismond

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____________________ may be money, property, not doing something, or doing
something you don't have to do.
A consumer with a revolving charge account must pay the full amount owed each
month.
If a negotiable instrument is not paid on time and a lawsuit to collect the amount of the
instrument is not brought within the time set by a state's statute of limitations, the
instrument is ____________________.
A witness to a will must be present when the will is signed or the will is invalid.
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A sole proprietor receives all the income from a business but also bears all losses.
An express warranty to be valid must be based on ____________________ not just
someone's opinion.
If the seller and buyer do not specify when title and risk of loss pass, the rules of the
____________________ apply.

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