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Chapter 7 Quiz.doc - Chapter 7 Quiz Question 1 Adverse...

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Chapter 7 Quiz Question 1 Adverse possession applies only to land. Answers: True False Question 2 The right of redemption allows a mortgagor, before foreclosure, to get back the land upon payment of the full amount of the debt. Answers: True False Question 3 Financing statements are appropriate to perfect negotiable collaterals. Answers: True False Question 4 A public nuisance is an unreasonable use of one's property so as to cause substantial interference with the enjoyment or use of another's land. Answers: True False Question 5 Zoning ordinances restrict uses of land that existed prior to passage of the ordinances. Answers: True False Question 6 Which of the following is true of property?
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Answers: It cannot be transferred. People cannot prevent others from using their property. It is infinite. Property is absolute. Its boundaries cannot be ambiguous. Question 7 Which of the following is a condition under the state statute for one to acquire ownership through an adverse possession of land?
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  • Spring '18
  • Ella McCown Jones, JD, CPA, MBA
  • Chapter 7 Quiz, English-language films, Federal government of the United States, Possession

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