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1. which of the following is a possessory interest in land? a. fee simple absolute b. easement c. profit d. license 2. On July 1,

1. which of the following is a possessory interest in land?

a. fee simple absolute

b. easement

c. profit

d. license

2. On July 1, 2010, Able, Baker and Charlie were deeded a piece of property as tenants in common. The deed provided that Able owned half the property and Baker and Charlie owned 25% each, if charlie dies, the property will be owned as follows:

a. able 1/2, baker 1/2

b. able 5/8, baker 3/8

c. able 1/3, baker 1/3, and charlie's heirs 1/3

d. able 1/2, baker 1/4 and charlie's heirs 1/4

3. what is a holographic will?

a. A will that is entirely handwritten and signed by the testator

b. a will that requires the beneficiary to be the witness of the will

c. a will that is revoked on behalf of a testator by a legal attorney

d. a will that is orally declared at a testator's deathbed

4. Laura Dern received a check from UMB. She indorsed the check as follows: "for deposit only, /s/ Laura Dern". Laura's indorsement is:

a.

a blank indorsement

b.

a special indorsement

c.

a restrictive indorsement

d. none of the above

5

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