is an elll t6. Vietoria spots abatfu but somewhat broken ati house, repairs it, and eventually sells the chair for 8500. 1T This production b, accessiorn e possession d. confusion proposes to his girlfviend Rebeka and sives her an engagement r a. Rebeka is entitled to keep the ring because it was an inter vivos git b. They must ask a judge to determine who should be entitled to the ring refuses to return the ring to Ben. In New York cn kee the ring if she can prove that she broke off the engagement as a result of lapse on a clai c. Ben is entitled to the ring because the marriage never took place 38. Austin, an attorney, allows a statute of limitations (deadline bring a lawsuit) to Austin a. can be held liable for malpractice. b. has violated an ethical standard but cannot be held liable c. is subject to criminal penalties under the statute of limitations. d. will be automatically disbarred. 39. Ruth is a supervisor for Subs, a restaurant. T Tim is a Subs employee. The owner announces t be discharged. Ruth tells Tim that for sexual favors, she will give him an excell raise. This is a. harassment on the basis of sexual orientation b. hostile-environment harassment. c. not harassment. d. quid pro quo harassment. 40. Gail is the beneficiary of a business trust. As a beneficiary, she is required to a. distribute the trust's profits. b. assume responsibility for the trust's debts. c. personally draft a written trust agreement. d. none of the choices. 41. Ivy is an alcoholic who has completed a supervised substance-abuse rehabilitation pro Kim has heart disease. Considered to have a disability under the Americans with Disabilit a. Ivy b. Jerold and Kim. c. none of the choices. d. all of the choices. 42. Among the advantages of setting up a business as an LLC are a. the flexibility in the LLC's taxation and management b. limited liability of its members c. A and B d. none of the above ason is the chief executive officer of Specialty Magazines, Inc., which is required to file Securities and Exchange Commission (SEC). Under the Sarbanes-Oxley Act of 2002, Jas a. certify that the reports are complete and accurate b. designate a corporate official to assume liability for inaccuracies. c. do nothing. d. read the reports and be prepared to answer questions about them. 44. Nellie allows Noa to borrow her book. Noa owes the utmost care and will be liable for the book is damaged. a. True b. False 45. The Equal Pay Act and other federal laws permit employers to pay women less than m a. True b. False 46. Joe's Construction Corp. builds 5 brand new homes and sells one of them to Hallic. T in, there is a heavy rain and the roof leaks water into the kitchen. When Hallie sues Joe's a. Joe's Construction Corp. will not be responsible because of caveat emptor b. Jo's Construction Corp. will not be responsible because she didn't discover the pro c. Hallie will be successful in her lawsuit because of the doctrine of adverse possess d. Hallie will be successful in her lawsuit because of the implied warranty of habital 47. When a property owner owns fee simple absolute to real property, all they can owni land; they do not own what is underneath the land or the airspace above the land. a. True b. False 48. Shoes & Sox Corporation is a public company whose shares are traded in the publi qualify for an exemption from registration requirements. With respect to financial and concerning its securities, the Securities Act of 1933 a. imposes increased responsibility on chief corporate executives. b. prevents insiders from trading among themselves c. requires disclosure d. creates a "safe harbor" for companies to make forward-looking statements. 49. After breaking up with her boyfriend, Cami takes off the necklace he gave her an away. Sam sees this and takes the necklace out of the trash. Cami discovers that Sa back. Who is entitled to the necklace? a. Cami because the necklace originally belonged to her b. Sam because as the necklace is abandoned, he now has better rights to it abov owner C. Sam but he has to pay Cam the fair value of the necklace d. none of the above