Question: Question 1 1 ( 0 . 5 points ) Carl dies without a will, survived by his granddaughter Dora and her brother Elton. The grandchildren
Question points
Carl dies without a will, survived by his granddaughter Dora and her brother Elton. The grandchildren are Carl's
Question options:
a
lineal heirs.
b
collateral heirs.
c
decedents.
d
trustees.
Question points
One way to transfer property outside the probate process, and thereby avoid the costs, is to own property in joint tenancy.
Question options:
True
False
Question points
Carrier Inc. agrees to pick up two truckloads of housewares for Discount Corporation and store the contents to be delivered later. After Carrier unloads the goods at its warehouse, some of them disappear from the loading dock. A court will presume that
Question options:
a
the warehouse is in a highcrime area.
b
Carrier was negligent.
c
Discount was negligent.
d
the goods were stolen through no fault of Carrier.
Question points
A check "payable to the order of Bethany" is indorsed in blank if Bethany simply delivers it without signing it
Question options:
True
False
Question points
Ghani owns Hillside Vineyard. Ghani conveys some of the land to Iona for her life." Ghani has given Iona
Question options:
a
a fee simple absolute
b
a life estate.
c
a license.
d
a profit.
Question points
When a debtor defaults, a secured party who does not choose to retain the collateral must relinquish the security interest to the debtor.
Question options:
True
False
Question points
To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts.
Question options:
True
False
Question points
Nature's Eggs, Inc. agrees to supply Omelet Express with five hundred eggs. Nature's Eggs can reasonably ask Omelet Express to pick up the eggs at
Question options:
a
any reasonable hour.
b
any hour.
c
no timeas a seller, Nature's Eggs must deliver the goods.
d
no specific timeonly a buyer can set the time.
Question points
A lease of property for a prohibited use is unenforceable.
Question options:
True
False
Question points
Electronic banking has reduced the number of possibilities for tampering with a person's private banking information.
Question options:
True
False
Question points
Under a statute of limitations an injured party must bring a claim for product liability within a certain prescribed time from the sale of the product.
Question options:
True
False
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