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Multiple Choice Quiz
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1
__________ property includes land and anything permanently attached to the land.
A)Personal
B)Real
C)Actual
D)Tangible
2
All property that is not land or not permanently affixed to land is __________ property.
A)Private
B)Personal
C)Tangible
D)Intangible
3
__________ property is property that can be identified by the senses.
A)Intransient
B)Tangential
C)Intangible
D)Tangible
4
__________ property includes such items as bank accounts, stocks, and insurance policies.
A)Tangential
B)Intransient
C)Tangible
D)Intangible
5
A(n) __________ is a gift made in contemplation of one's immediate death.
A)Unconditional gift
B)Unilateral gift
C)Gift causa mortis
D)Gift causa vivos
6
An engagement ring is an example of a(n) __________ gift.
A)Unconditional
B)Conditional
C)Gift causa mortis
D)Gift causa vivos
7
Property that the original owner has discarded is __________ property.
A)Annexed
B)Anatomical
C)Abandoned
D)Lost
8
A(n) __________ of personal property is a relationship that arises when one party, the __________, transfers possession of personalty to another party, the __________.
A)Assignment, assignor, assignee
B)Bailment, bailor, bailee
C)Assignment, assignee, assignor
D)Bailment, bailee, bailor
9
A bill of __________ is a document issued by a person engaged in the business of transporting goods that verifies receipt of the goods for shipment.
A)Transport
B)Title
C)Lading
D)None of the above
10
A __________ receipt is a receipt issued by one who is engaged in the business of storing goods for compensation.
A)Confirmation
B)Consideration
C)Warehouse
D)Storage







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