Question
1) Homer Simpson patents a new kind of coffee making machine for his business, The Simpson Coffee & Donut Shop. The patent for the coffee
1) Homer Simpson patents a new kind of coffee making machine for his business, The Simpson Coffee & Donut Shop. The patent for the coffee making machine will last for:
Group of answer choices
12 years
10 years
50 years
20 years
2) Moe owns Bar-B Ranch. Moe's only son, Curly, owns Double-D Ranch in the same county. Moe gives 90% of the Bar-B Ranch to Etta, a short-term employee, who has recently sued him for employment discrimination. This gift
Group of answer choices
may lack the required element of "donative intent"
may lack the required element of consideration
may lack the required element of legality
neets all the requirements for an effective gift
3) During the last years of her life, Barb's companion wasSylvia who managed her household and finacial affairs. Barb toldSylvia that she can have a certain Picasso painting that is hanging in Barb's bedroom. A month later, Barb died. However, Barb's family refuses to give up the painting and Sylvia files suit to obtain possession of the Picasso. The court will most likely rule in favor or
Group of answer choices
Barb's family, because the painting was never delivered to Sylvia
Sylvia, because Bard intended to give the painting to her
Barb's family, because Sylvia cared only about the painting
Sylvia, becausethe value of her services were equal to the value of the painting.
4) Bart steals an old, battered bicycle that is parked, unlocked, in front of a convenience store. He repairs, paints, and replaces parts of the bike until it is like new. The original owner, Clem, claims the bike. The bike belongs to
Group of answer choices
Bart and Clem as tenants in common
Bart because he made substantial improvement to the bike
Bart because Clem claimed the bike only after Bart made substantial improvementst to it
Clem because Bart stole it.
5) Idaho Farms mistakenly puts it potatoes in Jackson Co-ops storage bin, which already contains Kelly Spud Farms potatoes. It is impossible to tell which potatoes belonged to Idaho or Kelly. This is
Group of answer choices
a bailment
accession
confusion
mass potatoes
6) If Betty gives her friend Roger the right to walk his Irish wolfhound across her property to the beach, what kind of property right does Roger acquire?
Group of answer choices
An easement
A possessory interest
A life estate
A profit
7) Refer to Fact Pattern 7-1:
Ruben, a football fan, transfers land, by deed, to Springfield College. The deed states, "To Springfield College, as long as the football team wins every game, then to Polk State College."
Springfield's interest in the land is
Group of answer choices
a fee simple absolute
a fee simple defeasible
a life estate
a nonpossessory interest
8) Refer to Fact pattern 7-1: If Springfield's football team fails to win every game, the land will
Group of answer choices
remain in Springfield's possession because winning every game is not possible
transfer to Polk State College's possession, according to the deed
revert to Ruben, as the original owner of the land
be held in escrow until the true owner can be determined.
9) Homer types his Last Will and Testament on his laptop distributing his property upon his death and prints it out. Homer has capacity. The will is
Group of answer choices
valid if Homer signs it and has three adult friends witness him signing it in accordance with Florida law. n it
valid if Homer signs it
valid
valid if Homer signs it, has three witnesses sign it, and files it in a certain state office
10) Homer dies intestate. This means:
Group of answer choices
he died in another state
he died without executing a valid will
he has no assets to leave to anyone
none of the above
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