QUESTION 5

1. If a sole proprietor dies, the sole proprietorship terminates even though the sole proporietor's heirs have acquired ownership of the business.

   True

   False

2.5 points

QUESTION 6

1. Tenancy by the Entirety prevents an owner from selling or otherwise disposing of their property interest without the other owner's consent.

   True

   False

2.5 points

QUESTION 7

1. If property has been mislaid, the finder will acquire title if the true owner does not return to claim it.

   True

   False

2.5 points

QUESTION 8

1. To suceed in a lawsuit against a bailee for hire who has failed to return your property, you must prove they were negligent and have lost the property.

   True

   False