Blw 2510 - Study guides, Class notes & Summaries

Personal Property Answer> Tangible or intangible items not permanently attached to real estate. Real Property Answer> Land and anything permanently affixed to it, including buildings and structures. Property Rights Answer> Legally recognized rights to possess, control, enjoy, exclude, and convey property. Possession Answer> Legal right to occupy and control property. Control within the Law Answer> Lawful authority to manage and make decisions regarding the use of pr...

Contract Ans: Agreement creating obligation between parties. Law of Contracts Ans: Ensures lawful expectations are met and provides remedies in case of default. Common Law Ans: Applies to real property, personal property, services, employment; based on precedence. Statutory Law Ans: Article 2 of UCC for contracts for sale of goods; applies to merchants. Merchants Ans: Knowledgeable in goods; covered by UCC Article 2. 2 Nonmerchants Ans: Not knowledgeable in goods; common law applie...

Personal Property Ans: Tangible or intangible items not permanently attached to real estate. Real Property Ans: Land and anything permanently affixed to it, including buildings and structures. Property Rights Ans: Legally recognized rights to possess, control, enjoy, exclude, and convey property. Possession Ans: Legal right to occupy and control property. Control within the Law Ans: Lawful authority to manage and make decisions regarding the use of property. 2 Enjoyment within the Law...

Contract - Agreement creating obligation between parties. Law of Contracts - Ensures lawful expectations are met and provides remedies in case of default. Common Law - Applies to real property, personal property, services, employment; based on precedence. Statutory Law - Article 2 of UCC for contracts for sale of goods; applies to merchants. Merchants - Knowledgeable in goods; covered by UCC Article 2. Nonmerchants - Not knowledgeable in goods; common law applies. Governing Law...

When a State passes laws regulating private activities in order to promote the public health safety and welfare, what power is the State exercising? Ans: Police Power The 4th Amendment prohibition against unreasonable search and seizure applies as a limitation on the power of states because of what? Ans: The Incorporation Doctrine of the 14th amendment. The 14th Amendment requires that state and local government must give a person proper notice and the opportunity to be heard before th...

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