4. A life estate is a person's present right to property ownership and possession only during the lifetime of an individual. (True/False)

10. Intangible property is property that can be identified by the senses. (True/False)

13. An easement is an irrevocable right to use some part of another's land for a specific purpose without taking anything from it. (True/False)

14. A registered trademark used in interstate is only protected under state common law. (true/false)

15. A trade secret is a process that gives a business an advantage over its competitors. (True/False)