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Business Law Final Exam | Questions with Correct Solutions
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Business Law Final Exam | Questions with Correct Solutions
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Business Law Final Exam | Questions withCorrect Solutions
To be liable for intentional infliction of emotional distress a defendant must have engaged in
conduct that was outrageous and completely intolerable to the community - ✔✔true
A lien, encumbrance, or mortgage that is recorded in the land records along with the title is
called a - ✔✔cloud on the title
Sylvia and Alice were sisters who owned a piece of property as joint tenants. When Sylvia died,
her children inherited her share of the property. - ✔✔false
The legal classification for all property that is not real property is - ✔✔chattel
Beth gave First Bank a mortgage on her house to secure a loan from First Bank for $300,000,
which she used to buy the property. The document executed between Beth and First Bank in
which Beth acknowledges that she owes First Bank $300,000 and that she has thirty years to
repay the loan at 6.05 percent interest is a - ✔✔promissory note
Title to property always requires possession of the property and possession always requires
ownership - ✔✔false
Which of the following is not an element of negligence that must be proved by a plaintiff? -
✔✔supseding cause
Before he underwent a dangerous operation that he did not expect to survive, Thom gave his
brother his rare coin collection, saying: "Here, this is for you because I will never make it out of
surgery alive." If Thom survives the operation, he can require that his brother return the coin
collection because it was a _____ gift - ✔✔causa mortis
, The damages that are awarded to a victim to make the victim "whole" are ______ damages -
✔✔compensatory
Competitor wrongfully claims that one of the ingredients used in the manufacture of Hungry
Dog dog food contains melanine, which is poisonous to animals. Competitor has committed the
tort of - ✔✔disparagement
The product defect in a strict liability suit can consist in - ✔✔a and b
Mary, concerned with antibiotics and chemicals in the food supply, started to raise pigs in the
backyard of her suburban home. she now has 14 pigs that produce a significant amount of solid
waste, which attracts insects and smells very bad. There are no town or country ordinances that
specifically forbid raising pigs. Her neighbors should challenge her right to engage in this activity
based on the tort of - ✔✔nuisance
Iris was at fault in a car crash in which Phil was injured. As they waited for the EMT's to arrive, a
plane, which was part of a nearby air show, crashed into Phil, significantly increasing his
injuries. Iris will not be liable for this second set of injuries because the plane crash was a _____
cause - ✔✔superseding
The kind of deed that gives the buyer the greatest protections against problems with the title is
the warranty deed. - ✔✔True
Beth gave First Bank a mortgage on her house to secure a loan from First Bank for $300,000,
which she used to buy the property. In this transaction, Beth is the - ✔✔Mortgagor
A wrongful act is either a tort or a crime; it cannot be both - ✔✔false
The doctrine under which employers are liable for torts committed by employees while they
are acting within the scope of their employment is _______ - ✔✔respondeat superior
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