Question 12 (1 point) Which of the following is a Business Arrangement? 0 All of the above 0 Product Licensing 0 Strategic Alliance 0 Joint Venture 0 Franchise Question 13 (1 point) Under the Bankruptcy and InsolvencyAct, when a debtor wants to try to avoid bankruptcy they can make the following to their creditors? 0 Proposal 0 act of bankruptcy 0 transfer 0 arrangement L'LIUDLIUII J.'|' [l pUlllL} What is the duty owed by the bailor? O to take reasonable care and diligence as required by law. 0 duty to take reasonable care of the property. 0 ensure the property is in proper working order for its intended use. 0 to act as a prudent innkeeper. Question 15 (1 point) Which of the following is considered real property in legal terms? 0 a) land 0 b) chattels O C) a claim against someone that has value 0 d) intellectual property (ideas and creative work) O E) intangible property or chose in action Question 16 (1 point) Which of the following debts continue even after a bankrupt has been discharged? 0 3') unsecured loans 0 b) ordinary debt 0 C) past maintenance for dependents Q d) judgment debts 0 e) secured loans