Chapter23 - Ch.23 Quiz Instructions Please read the...

Ch.23 Quiz
Instructions
Please read the questions carefully.
This assessment is worth 100 points.
1. A gift causa mortis is a conditional gift that may be revoked only
after the donor dies. (5 points)
True
Fals
e
2. Several persons may have different legal rights in the same property
at the same time. (5 points)
True
Fals
e
3. Common carriers are not permitted to limit their liability for damage
to bailed goods. (5 points)
True
Fals
e
4. If the bailee returns the goods in a damaged condition, there is a
rebuttable presumption of negligence on the part of the bailee. (5
points)
True
Fals
e
5. The finder of mislaid property must return the property to its original
owner if the original owner asks for its return. (5 points)
True
Fals
e
6. In order to create a bailment, the bailor and bailee need not agree in
writing to the existence of the bailment. (5 points)
True
Fals
e
7. An office building is classified as personal property. (5 points)
True
Fals
e

8. Tangible property is property that has a physical existence; for
example, a car or a computer is tangible property. (5 points)
True
Fals
e
9. The finder of lost property has better rights to the property than
anyone, including the real owner. (5 points)
True
Fals
e
10. All states have statutes of limitations requiring the true owner of lost
property to claim it within a certain time. (5 points)
True
Fals
e
11. Which of the following is an example of intangible property? (5
points)
a
.