Which of these has management rights and obligations

Assignment Help Operation Management

Reference no: EM132270880

1. An object that is not real property but which is permanently attached to a piece of real property is known as a

a. Conveyance

b. Fixture

c. Bailment

d. Easement

2. The owner of a transportation business (truck, railroad, airplane, or ship) who is licensed to provide transportation services to the public is called a

a. Receiver

b. Common Carrier

c. Public corporation

d. Conveyance

3. In a limited partnership, which of these has management rights and obligations?

a. Limited partner

b. Joint partner

c. General partner

d. Silent partner

4. The shareholders of a corporation elect the

a. Officers

b. Liquidators

c. Directors

d. Incorporators

5. Some states have estray statutes. These laws specify the procedures whereby

a. the finder of a lost item may claim title to the item if the true owner does not claim it after the amount of time specified by the statute.

b. the owner of a lost item may claim title to the item after the amount of time specified by the statute.

c. the finder of a lost item may claim title to the item after a thorough search for the true owner during the amount of time specified by the statute.

d. the owner of abandoned property may decide to reclaim the property during the amount of time specified by the statute.

Reference no: EM132270880

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