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Nasca 2010
100 100 100 100
200 200 200 200
300 300 300 300
400 400 400 400
500 500 500 500
Consumer Law and contracts
(Chapter 7)
Personal Property
(Chapter 8)
The Law and the Courts
(Chapter 1)Renting or Owning a Home
(Chapter 9)
Which of the following is NOT an ethical character trait?
Happiness Honesty Justice
Integrity
Happiness
100
Suing your neighbor for damages to your property is an example of what type of court
case?
CriminalCivil
AdministrativeJudicial
civil
200
Laws passed by the U.S. Congress and signed by the President are called
administrative regulations legislative statutes
administrative articles federal statutes
federal statutes
300
Laws define the
conflict between a society and its morality. legal rights and duties of the people.
ethics of a city, state, or country. morality of a city, state, or country.
legal rights and duties of the people
400
The common law is a set of laws made by
the courts which provide consistent rules that later courts must follow.
the courts in each state which are then complied to create federal law.
administrative agencies so that common regulations are followed.
Congress which provide consistent rules for all citizens to follow.
the courts which provide consistent rules that later
courts must follow.
500
Business that crosses state lines is called:
interstate commerce intrastate commerce
the Federal Trade Commission The Department of Consumer Affairs
interstate commerce
100
As long as the price of a product is less than $500,
a written contract is necessary in order for the contract to be enforceable. the UCC rules do not apply.
any means available to accept the offer is considered reasonable.
an oral contract for the sale of goods is enforceable.
an oral contract for the sale of goods is
enforceable.
200
Consumer protection laws do not protect you if you purchase
goods from out of state. goods from another consumer.
goods online. a product considered dangerous.
goods from another consumer.
300
The UCC laws govern all of the following business transactions EXCEPT the sale of
clothing
cars stocks
gasoline
stocks
400
The Better Business Bureau is a
private agency that hears consumer complaints at the local and state level.
public agency that hears consumer complaints at the federal level.
public agency that hears consumer complaints at the state and local level.
private agency that hears consumer complaints at the federal level.
private agency that hears consumer complaints at the
local and state level.
500
If you find abandoned property, you
may keep it. must leave it where you found it.
must advertise in the local paper for the owner.
have the legal duty to try and find the owner.
may keep it.
100
If you have in your possession something that belongs to someone else, you are a
bailorbailee donor donee
bailee
200
In a bailment, there is no
intent to provide any standard of care by the bailee or bailor.
obligation to return the property to the bailor. intent to pass title to the property.
obligation for the bailee to care for the property.
intent to pass title to the property.
300
Patents, copyrights, and trademarks refer to
bailments intangible personal property tangible personal property
intellectual property
intellectual property
400
When a bailor lends goods without charge, he or she creates a
pledge. mutual-benefit bailment.
gratuitous bailment. bailment by necessity.
gratuitous bailment.
500
Which of the following is NOT considered personal property?
trademarks ceiling fans
a house CD players
A house
100
If you own real property and rent it to someone, you are a
landlord. master. lessee. tenant.
landlord
200
The agreement that creates the landlord-tenant relationship is called a
mortgage. tenancy. lease.
covenant.
Lease
300
If the tenant installs a ceiling fan, it becomes real property and
must be maintained by the tenant.
belongs to the landlord. is considered waste when the tenant moves out.
belongs to the tenant.
belongs to the landlord.
400
The four types of tenancies are
tenancy for years, lessee tenancy, tenancy at will, and tenancy at sufferance.
tenancy for rent, tenancy for owners, tenancy for lessors, and tenancy for buyers.
tenancy for years, periodic tenancy, tenancy at will, and tenancy at sufferance.
tenancy for rent, tenancy for lessee, tenancy at will, and tenancy on rent day.
tenancy for years, periodic tenancy, tenancy at will,
and tenancy at sufferance.
500