BUSA 2106 TEST 2 MULTIPLE CHOICE QUESTIONS AND ANSWERS 2024/2025
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Course
BUSA 210
Institution
BUSA 210
Your textbook suggests that property promotes prosperity in three ways. Which way occurs
by allowing people to keep and benefit from what they produce, thereby motivating effort?
A) incentive
B) divisibility of resources
C) profitability of business
D) establishes the conditions necessary for...
BUSA 2106 TEST 2 MULTIPLE CHOICE
QUESTIONS AND ANSWERS 2024/2025
Your textbook suggests that property promotes prosperity in three ways. Which way occurs
by allowing people to keep and benefit from what they produce, thereby motivating effort?
A) incentive
B) divisibility of resources
C) profitability of business
D) establishes the conditions necessary for capital formation
→ A
According to your Power Point Lecture, which of the following is considered a fixture?
A carpeting that is glued to the floor
B) car
C) clothes
D) loose carpeting (like a rug)
→ A
Which one of the following is accurate regarding air rights?
A) you can exclude jetliners flying over your house
B) you own the air above your house to the extent that you can occupy or use it in connection
with the land
C) you cannot sell your air rights for development
Which type of resource acquistion method requires intent and delivery?
A) new possession
B) exchange
C) gift
D) accession
→ C
An asteroid falls to the earth and lands in your back yard. The asteroid contains gold which
has never been owned before. What resource aquisition method would allow you to claim the
gold/asteroid as your own?
A) accession
B) first possession
C) new possession
D) abandonment
→ B
According to your Power Point Lecture, which one of the following is a deed that provides you
with the least protection?
A) quick claim
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