6. Property is never a bundle of rights. Rather, it tells one what he/she can and cannot

do with the property owned.

a. The first statement is false, but the second statement is true

t. The first statement is true, but the second statement is false

u. Both statements are false

v. Both statements are true

7. What is the one thing over which people usually bargain?

a. Whether the product is of good quality

w. Whether the seller will provide a guarantee as to the fitness of the product

x. The price of the product

y. The longevity of the product (as in, whether it will be usable for, for example, a

month or a year)

8. And equitable relief is forward looking. A legal remedy is backward looking.

a. The first statement is true, but the second statement is false

z. The first statement is false, but the second statement is true

aa. Both statements are true

bb. Both statements are false

cc. None of the Above

9. Damages are the usual remedy awarded if damage to property occurs.

a. True

dd. False

ee. Somewhat True

ff. Somewhat False