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Question 7 1 pts Cutting Edge Corporation makes and sells knives, scissors, garden shears, and other cutting devices. To cover injuries to consumers if the
Question 71 pts
Cutting Edge Corporation makes and sells knives, scissors, garden shears, and other cutting devices. To cover injuries to consumers if the products prove defective, Cutting Edge should obtain
Group of answer choices
group insurance
key-person insurance
liability insurance
life insurance
Flag question: Question 8
Question 81 pts
Stocks and bonds are intangible personal property.
Group of answer choices
True
False
Flag question: Question 9
Question 91 pts
Hotels operators are not liable for any loss or damage to their guests' personal property.
Group of answer choices
True
False
Flag question: Question 10
Question 101 pts
Before going on a business trip, Gina leaves the key to her apartment with Harry. She checks her suitcase at the airport, and boards the plane. A bailment is created when Gina
Group of answer choices
delivers the key to Harry.
checks her suitcase.
boards the plane.
all of the choices.
Flag question: Question 11
Question 111 pts
The most important factor in determining whether an items is a fixture is the perception of a disinterested third party.
Group of answer choices
True
False
Flag question: Question 12
Question 121 pts
Libby conveys her nineteenth-century mansion to Main Street Historical Society in fee simple absolute. In the mansion, Libby now has
Group of answer choices
a partial ownership interest.
an easement.
no interest.
a profit.
Flag question: Question 13
Question 131 pts
The landlord has no duty to deliver possession of leased property the tenant at the beginning of the lease term.
Group of answer choices
True
False
Flag question: Question 14
Question 141 pts
The tenant's transfer of his or her entire interest in the leased property to a third person is a sublease of the lease.
Group of answer choices
True
False
Flag question: Question 15
Question 151 pts
A trust is an arrangement to administer property for the benefit of another.
Group of answer choices
True
False
Flag question: Question 16
Question 161 pts
Because bonds do not represent debt, they need never be repaid.
Group of answer choices
True
False
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