971171
Description
Quiz by Shannon Anderson-Rush, updated more than 1 year ago
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Created by Shannon Anderson-Rush
almost 10 years ago
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Question 1
Question
The law that specifies the length of time for bringing a legal action is the _________.
Answer
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Statute of Reasonable Time
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Statute of Limitations
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Statute of Performance
Question 2
Question
Most contracts end by _____________.
Answer
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Agreement
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Operation of law
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Performance
Question 3
Question
A person who has not reached the legal age of adulthood is considered by law to be a _____.
Answer
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Minor
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Adolescent
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Delinquent
Question 4
Question
A contract that contains a promise by both parties is __________.
Answer
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Implied
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Unilateral
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Bilateral
Question 5
Question
The element of negligence that states the defendant did not fulfill an obligation is called
Answer
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Breach of Duty
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Strict Liability
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Proximate Cause
Question 6
Question
Which of the following types of intellectual property is valid for up to 20 years and can not be renewed?
Answer
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Patent
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Copyright
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Trademark
Question 7
Question
Richard builds a storage shed in his back yard that has a cement base. The walls of the shed are attached to the base. The shed is:
Answer
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Tangible personal property
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Real property because it’s attached to the land
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Personal property unless Richard notifies the city where he resides that he wants the shed to be considered real property.
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