Question: Using the following words and terms you must using your own words define the terms, give example of when the concept must be used and

Using the following words and terms you must using your own words define the terms, give example of when the concept must be used and when it should not be used. Everything is in your own words-no exception. Explain your reasons in detail short answers will be penalized. DO NOT ANSWER FROM THE TEXTBOOK OR USE TEXBOOK EXAMPLES. Must be completed using detailed answers.

1. Adverse Possession

2. Bearer Paper

3. Capital Stock:

4. Covenant:

5. Exoneration

6. FOB

7. Fungible Goods

8. Law Merchant:

9. Maximum Contract Rate

10. No-fault Insurance

11. Nominal Partner

12. Per Se Violation:

13. Risk or Peril:

14. Statute of frauds:

15. Statute of Limitations

16. Tenancy in Common:

17. Testator:

18. Violation of Infraction:

19. Watered Stock:

20. Universal Defense

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