bQuestion $11(0\mathrm{.}5$ points$)$

The distinction between real and personal property is important because how property is acquired is determined by its classification.

Question $11$ options:

True

False

Question $12(0\mathrm{.}5$ points$)$

Sara owns a ring. She asks Tomas, a jeweler, to add a diamond to it$.$ Adding the diamond will increase the value of the ring. This is

Question $12$ options:

a$)$

conversion.

b$)$

validation.

c$)$

acquisition.

d$)$

accession.

Question $13(0\mathrm{.}5$ points$)$

At the grantor's death, assets held in a living trust revert to the decedent's estate.

Question $13$ options:

True

False

Question $14(0\mathrm{.}5$ points$)$

Star Residences fails to provide the utilities to its tenants' apartments, making their use and enjoyment of the premises exceedingly difficult. This is most likely

Question $14$ options:

a$)$

an exercise of the landlord's property rights.

b$)$

a tenancy at sufferance.

c$)$

an assignment of the lease.

d$)$

a constructive eviction.

Question $15(0\mathrm{.}5$ points$)$

Insurance contracts are usually obtained through an agent, who works as an independent contractor.

Question $15$ options:

True

False

Question $16(0\mathrm{.}5$ points$)$

Anne obtains a liability insurance policy for her Bagels & Coffee Shop from Choice Insurance Company. In their dealings, the parties must

Question $16$ options:

a$)$

have an insurable interest.

b$)$

prevent the other from asserting certain defenses.

c$)$

attempt to deny or reduce any claim.

d$)$

act in good faith.

Question $17(0\mathrm{.}5$ points$)$

The covenant of quiet enjoyment forms the essence of the landlord$-$tenant relationship.

Question $17$ options:

True

False

Question $18(0\mathrm{.}5$ points$)$

The owner of real property has relatively exclusive rights to the airspace above the land.

Question $18$ options:

True

False

Question $19(0\mathrm{.}5$ points$)$

A valid deed must contain words indicating an intent to convey $($transfer$)$ the property.

Question $19$ options:

True

False

Question $20(0\mathrm{.}5$ points$)$

Faye executes a will in which Gail is appointed to administer the will. After Faye dies, Gail lacks the capacity to serve, and a court appoints Hedy to handle the probate of Faye's estate. In this situation, the administrator is

Question $20$ options:

a$)$

Hedy.

b$)$

Gail.

c$)$

the court.

d$)$

Faye.