The power to regulate international commerce

Assignment Help Business Law and Ethics
Reference no: EM13147745

1. Sandy transfers real property "to Heather for her life, then to Ira in fee simple." Which of the following best describes the result of the transfer?
a) Heather has a life estate and Ira has a reversion
b) Heather has a life estate and Ira has a remainder
c) Heather has a life estate and Sandy has a reversion
d) Heather has a life estate, then Ira has a life estate, then Sandy has a reversion

2. Olie leased a building in Old Town. Olie installed a washer and dryer unit and a new furnace in the basement of the building with new duct work throughout the building. Upon expiration of the lease, Olie intends to remove the washer and dryer, but not the furnace. The washer and dryer can easily be removed without harming anything. Removal of the furnace, however, will damage the building. Are the washer, dryer, and furnace fixtures?
a) the washer, dryer, and furnace are all fixtures
b) the furnace is a fixture, but the washer and dryer are not
c) the washer and dryer are fixtures, but the furnace is not
d) the furnace and the washer are fixture, but the dryer is not

3. Grandpa owns a farm. In a signed writing, Grandpa granted Susie Q the irrevocable right to use a road on his farm so that Susie Q could more easily reach her own property. What kind of interest in land did Grandpa grant to Susie Q?
a) Grant easement
b) easement by implication
c) reserved easement
d) easement by prescription

4. Adam decided to play a practical joke on Linda. As Linda was leaving the office one night, Adam, wearing a mask, stepped out from behind a bush and pointed a gun a Linda (made out of licorice) and demanded her purse. Adam even went so far as to hold the "gun" to Linda's head and tell her he was going to kill her. Adam thought all of this was hilarious and removed his mask.
a) Adam committed assault but not a battery.
b) Adam committed battery but not an assault.
c) Adam committed assault and a battery.
d) Adam committed nothing because it was all a joke.
5. Julia rents an apartment for 6 months from Dick. At the end of 6 months, she refuses to vacate the apartment even though Dick has requested that she do so. Julia's tenancy is:
a) tenancy at sufferance
b) tenancy at will
c) tenancy for years
d) periodic tenancy
6. A lease that ran for five years on June 1, 1996, would be a:
a) tenancy for years
b) periodic tenancy
c) tenancy at will
d) tenancy at sufferance
7. A title examination is preformed to:
a) determine if the seller has a specific title such as Lord or Lady
b) determine if the property has a title such as "South Spoon or South Fork"
c)) ensure that the seller of the property actually has valid title to the land
d) look at who has owned the house in the past one hundred years for historical interest
8. Which statements is correct about money damages?
a) courts will not speculate about damages
b) the plaintiff receives the amount of damages requested
c) courts will often only award damages actual expenses
d) courts generally award damages for lost profits
9. A court declared Sol mentally incompetant. Any contracts entered into by Sol would be:
a) valid.
b) void.
c) voidable.
d) void or voidable depending on state law that applies

10. If seller of a house fails to disclose to a buyer that the house was the location of a brutal murder, the buyer may be able to rescind the contract on the basis of:
a) fraud in the inducement
b) undue influence
c) illegality
d) fraud in execution

11. Which of the following constitutes legal consideration?
a) a promise to make a gift.
b) a promise based upon a change in duties.
c) a promise based on a moral obligation.
d) a promise based upon past consideration
12. Currently in ADA litigation, employers win:
a) rarely
b) about 10% of the time.
c) about 50% of the time.
d) about 90% of the time.
13. The Theresa Harris v. Forklift Systems, Inc. case held:
a) conduct need not affect an employee's psychological well being to constitute sexual harassment.
b) for there to be sexual harassment, the conduct must affect an employee's psychological well being
c) Title VII does not apply to sexual harassment cases.
d) Title VII does not apply to same sex harassment.
14. The Constitutional protections do not apply to:
a) act of the federal government
b) acts of state government
c) acts of administrative agencies
d) acts of privately owned business
15. The power to regulate international commerce can be best described as:
a) the federal government has exclusive power
b) the states and the federal government share concurrent power.
c) the states have exclusive power to regulate.
d) None of the above.

Reference no: EM13147745

Previous Q& A

  The power to regulate international commerce

The power to regulate international commerce can be best described as: a) the federal government has exclusive power b) the states and the federal government share concurrent power.

  What was the equilibrium concentration

A mixture was prepared with the following initial concentrations: [CO] =0.20M, [H2O] = 0.30 M. No formic acid, HCHO2, was initially present. What was the equilibrium concentration of HCHO2?

  How much should you be able to get if you sell your future

how much should you be able to get if you sell your future inheritance to the Neopolitan Bank (or any other bank) right now? Explain your work and why your answer makes intuitive sense.

  Examples of statistical sampling

What are some benefits of an auditor using statistical sampling? What are some examples of statistical sampling? Does anyone have any experience they are willing to share with the class on statistical sampling - answer 150-200 words.

  Amount of water vapor in the air

Two cities have exactly the same amount of water vapor in the air. The 6:00 A.M. relative humidity in one city is 93 percent, while the 3:00 P.M. relative humidity in the other city is 28 percent. Explain how this can come about.

  Compute the wavelength of the light in nanometers

Calculate the wavelength () of the light in nanometers () corresponding to the energy change () value of this transition. You can use the following values for your calculations

  Find number of hours that represent forty percentile

The lifetime of zzz batteries are normally distributed with a mean of 270 hours and a standard deviation of 10n hours. Find the number of hours that represent the 40 th percentile.

  Why might we imagine that this factor will continue

Why might we imagine that this factor will continue to achieve the same effect in the future? iii. Indicate what factors might push in the opposite direction.

  Calculate the unit contribution margin

Drake Company's income statement for the most recent year appears below: Calculate the unit contribution margin

  Identify greatest uncertainties surrounding global warming

Discuss the major causes of global warming, the expected effects providing an indication of which effects are likely to be the most important economically, and identify the greatest uncertainties surrounding global warming.


Write a Review


Similar Q& A

  Administrative and clinical ethics issues

Write a case that is based on personal or professional experience that contains administrative and clinical ethics issues.

  How to review tax law criteria for making change

You have been asked to review tax law criteria for making change. Write down the memo (750-1,000) to CFO indicating outcome of such change on current taxes

  Explain employment policies in company handbooks

Explain Employment Policies in Company Handbooks and In an organization, there are many employment policies in the company handbook

  Special shoes special discounts

Special Shoes Special Discounts.Best Pty Ltd has now received the latest delivery of the latest summer collection of shoes and sandals from Italy. Styles include the new sling back sandals and wedge heels.

  Will george claim andy as a dependent

Evaluate the loss, and evaluate whether it is a deduction for or a deduction from AGI and Will George claim Andy as a dependent?

  Explain inside trading

Explain Inside trading and Alfred Newman worked in the publications department of Printers Press, a financial printer

  Role of internal revenue service play-interpreting tax law

What role does Internal Revenue Service play in interpreting, and giving guidance on, tax law? What kinds of tax law guidance are published by IRS?

  Explain how can a company focus on the needs

Explain How can a company focus on the needs of its stakeholders without neglecting its shareholder obligations

  Explain american recovery and reinvestment act 2009

Explain American Recovery and Reinvestment Act 2009 and How the Tax Shield could help a business who is about to close their doors gain control over their debt financing

  Sun & surf holidays

"Sun & Surf Holidays" replied to Ben's email Tuesday morning. They apologised for the confusion and said that they wanted to keep their customers happy so Ben could have the accommodation package for $1500, but that the deal was for a limited time..

  Fellowship from a foundation

Ken, a research chemist, has been promised a fellowship from a foundation, with a stipend of $50,000 to do research on a synthetic fuel oil. Under the terms of the fellowship, Ken is free to do what he wishes with the money, and use the money as he s..

  Explain litte''s law and measurement techniques

Explain Litte's Law and Measurement Techniques and Process Throughput Time and Define a process and basic process measures such as cycle time and utilization

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd