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

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

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