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Select the best an 1. What are fixtures? a. Parts of real property that are easily transferrable without substantial damage to the property b. Intangible
Select the best an 1. What are fixtures? a. Parts of real property that are easily transferrable without substantial damage to the property b. Intangible goods created inside real property C. Goods closely associated with a piece of real property d. All of the above Contracts for the lease of computer equipment are governed by! a. Article 2 of the UCC b. Article 2A of the UCC C. Article 3 of the UCC d. None of the above 3. Gem brings her necklace Into a Jewelry store for repair. The store sells Gem's necklace to Dick for $4000. The sale of the necklace is legitimate due to: a. The entrustment rule b. The parol evidence rule c. The merchant rule d. The good faith purchaser rule 4. Which of the following will discharge an instrument? a. Payment in full b. Parties agree to a discharge C. The terms of the instrument are intentionally changed d. All of the above 5. The bank that lends money to a borrower so the borrower can buy a house is called a: a. Profitor b. Licensor c. Mortgagor d. mortgagee
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