36. Personal property that is considered lost is something that is: A - Accidentally left somewhere by its owner who cannot find it B - Accidentally left somewhere by its owner who cannot find it and intends to give up ownership C - Now the property of the finder, and it is theres to keep as the true owner D - None of the above 37. Abandoned property is generally: A - Discarded by its owner without intending to reclaim it B - Passes title to the person who finds it and intends to keep it C - Is considered mislaid property C - A and B 38. An impossibility to perform on a contract is when: A - No one can perform on the contract B - Only the person required to perform cannot perform on the contract C - It is difficult or inconvenient to perform on the contract D - None of the above

39. The business entity that has the least amount of personal liability protection is the: A - Corporation B - Sole Proprietorship C - Franchise D - S Corporation 40. Taxes paid on the profits of a Sole Proprietorship are paid as: A - Personal Income B - Corporation taxes C - Not-taxable D - Profit that is taxed twice as a Corporation