BUSINESS LAW

T or F Property is abondoned if the owner unintentionally placed the property out of possesssion without the intent to reliquish ownership of it.

T or F A transfer of real property will also convey the trade fixtures on that property.

Multiple Choice

1. The rights of the finder of abandoned property are superior to:

A. the original owner only. B. Everyone except the owner of the premises and the original owner. C.no one D. Everyone

2.The rights of the finder of mislaid property are superior to:

A. the original owner only. B. Everyone except the owner of the premises and the original owner. C.no one D. Everyone

3. Which of the following is not a method to acquire peronal property:

A. Gift B. Adverse Possession C. Inheritance D. Accession