Trees, crops, minerals, and timber are barred from being included in contracts involving
interests in real property.
Antitrust laws are constant across changes in governmental administration.
After the copyright period runs out, the work enters the public domain.
A corporation reimbursing its employees for expenses would fall under its implied
powers.
The Bankruptcy Reform Act of 1978made it easier for debtors to file for bankruptcy
and have their unpaid debts discharged.
Only intangible property qualifies as personal property.
In order to use the defense of assumption of risk, the defendant has to prove that the
plaintiff ________.
A) assumed there was no risk involved and entered into the activity that injured him or
her
B) was injured after the defendant’s liability for the risk ended
C) was injured in an activity that had no risk of any manner
D) had knowledge of the specific risk and voluntarily assumed the risk
Which of the following is true of the World Wide Web?
A) Only businesses—not individuals—can have their own websites.
B) Individuals need not register with a service provider to access the web.
C) A website can have several online addresses.
D) Each website must have a unique online address.
Which of the following statements is true of the Treaty Clause?
A) It provides that the president can make treaties of his own accord, autonomously.
B) It provides that the president can enter into treaties with the approval of the
two-thirds of the senate.
C) It provides that the states have exclusive power to regulate internal and foreign
affairs.
D) It provides that the federal government has supremacy over the state in matters of
international trade.
Which of the following types of nonpossessory interest has been created in Mr.
Cartworth’s land?
A) an easement appurtenant
B) an easement in gross
C) a license
D) a profit
Which of the following information should a certificate of limited partnership contain?
A) the latest date of dissolution of the partnership
B) the clause that does not accept new general partners
C) the name of the party who becomes a general partner in the event of transfer
D) the scope of potential business opportunities and related investment
Which of these is an instance of a quasi contract?
A) an employee receiving his or her paycheck every month
B) an unconscious man being nursed at a hospital, having been brought in by a
passer-by
C) two companies signing a business agreement that spans an undefined duration
D) a woman hiring a caterer only after the caterer promises to deliver the food on time
An organization provides six months of maternity leave to its female employees,
whereas its male employees can avail paternity leave for a maximum of two weeks.
Which of the following tests is used to examine the lawfulness of this classification?
A) rational basis
B) intermediate scrutiny
C) strict scrutiny
D) cogent basis
Which of the following statements is true about strict liability?
A) It applies only to manufacturers of a defective product.
B) It is liability without fault.
C) It requires privity of contract between the plaintiff and the defendant.
D) It covers casual sales and transactions.
Which of the following is true of the child labor regulations adopted by the U.S.
Department of Labor?
A) Children between the ages of 14 and 15 may work unlimited hours in nonhazardous
jobs.
B) Children between the ages of 16 and 17 may work limited hours in hazardous jobs.
C) Children in middle school may work limited hours in nonhazardous jobs.
D) Children employed in agriculture have no time or work restriction.
Which of the following is true of Section 24 of the Securities Act of 1933?
A) It imposes civil liability on any person who violates the provisions of Section 5 of
the act.
B) It imposes criminal liability on any person who willfully violates the 1933 act or the
rules or regulations adopted.
C) It imposes civil liability on persons who intentionally defraud investors by making
misrepresentations of material facts in the registration statement.
D) It exclusively regulates the sale of securities online.
Norah is a single mother who has just taught Janet, her daughter, to drive. Once Janet
has a driving permit, Norah intends to let Janet do most of the driving because driving
for long stretches usually gives Norah severe pain in her upper back and shoulders.
Norah’s car is insured in her name. In this scenario, Norah could opt for a(n) ________
to protect the car from damages that could occur while Janet drives the car.
A) collision insurance
B) comprehensive insurance
C) omnibus clause
D) medical payment coverage
Which of the following types of deeds only protects the buyer from defects in title
caused by the seller?
A) a general warranty deed
B) a quitclaim deed
C) a grand deed
D) a special warrant deed
Which of the following describes a mixed sale?
A) a sale that involves two or more intangible goods
B) a sale that involves the passing of title of goods from a seller to a buyer for a price
C) a sale that involves the possession and use of named goods for a set term
D) a sale that involves the provision of a service and a good in the same transaction
________ is a principle that says if a testator leaves a specific devise of property to a
beneficiary, but the property is no longer in the estate when the testator dies, the
beneficiary receives nothing.
A) Ademption
B) Abatement
C) Bailment
D) Attestation
A contract in which a seller agrees to sell all of its production to a single buyer is
known as a(n) ________.
A) requirements contract
B) output contract
C) best-efforts contract
D) option contract
Which of the following is an instance of an area franchise?
A) McDonald’s franchises an independently owned restaurant to make and sell its
products in Pennsylvania.
B) PepsiCo Inc. ships Pepsi in the form of a drink concentrate which is prepared and
bottled locally in Canada.
C) Nokia licenses a retail dealer to retail its products in Jacksonville.
D) Burger King wants to start operating in Mexico and hires a Mexican subfranchisor to
sell the franchise on behalf of Burger King.
Philosophers of the ________ School of jurisprudence emphasize a moral theory of law,
where law is based on morality and ethics, and is discovered by human reasoning and
making choices between good and evil.
A) Sociological
B) Analytical
C) Historical
D) Natural Law
George, Jerry, and Harry are passengers on a flight from Chicago to New York. They
injure their legs when their seatbelts do not fasten during take-off. The airline is sued by
all three together for injuries caused, and the airline is found to be negligent and is
directed by the court to pay damages to the injured parties. Which of the following
parties is entitled to recover maximum damages?
A) George, a retired professor who gets a pension of $50,000 a year
B) Jerry, a football player who earns $2 million a year
C) Harry, a chartered accountant who earns $200,000 a year
D) George, Jerry, and Harry