BUS 311 Week 3 Quiz: Legal Concepts in Property, Agency, and Business Law

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BUS 311 Week 3 Quiz: Legal Concepts in Property, Agency, and Business Law Quiz Week 3 BUS311 1. Question : The landlord - tenant relationship can be created by an express or an implied contract. Student Answer: True False Points Received: 1 of 1 Comments: 2. Question : A videotape can serve as a noncupative will and would be considered valid. Student Answer: True False Points Received: 1 of 1 Comments: 3. Question : A tenants right to the use of the leased premises without unreasonable interference from the landlord or third parties is known as: Student Answer: a covenant warranty of habitability condition right of quiet enjoyment Points Received: 1 of 1 Comments: 4. Question : In a will, gift of personal property is known as a:
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Student Answer: legacy bequest heritage devise Points Received: 1 of 1 Comments: 5. Question : A joint venture is between individuals who become partners for a long period. Student Answer: True False Points Received: 1 of 1 Comments: 6. Question : A trust that is established while the settlor is still alive is known as: Student Answer: testamentary trust living trust in causa mortis trust decedent trust Points Received: 1 of 1 Comments: 7. Question : All employees act as agents of their employers. Student Answer: True False Points Received: 1 of 1

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