An easement to an electric power company for the location of a high-tension electric power line across several owners’ properties would generally be known as a(n)
A. appurtenant easement.
B. license.
C. easement in gross.
D. easement by necessity.
Answer: C
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Smith makes an offer on Harry's home. Harry accepts the offer and the parties enter into a contract. Smith must finance the purchase through a bank, so he is worried that if he is unable to obtain financing, he will have no way to pay for Harry's home. Smith's best course of action is to:
A. Do not enter into the contract until he is sure he can obtain financing B. Enter into the contract, but include a clause that says the purchase is contingent upon his ability to obtain financing C. Enter into the contract, but rescind it if he cannot obtain financing D. Enter into the contract, but provide for liquidated damages if financing is not obtained
One of the purposes of the Means Test is to determine whether the debtor can afford to pay ________ of his or her income on nonpriority, unsecured debt
A) 33% B) 25% C) 50% D) 15%
In the process of moving the motorcycle, Mike decides to first take it out for a ride. He starts it up, hops on and rides around for approximately a half-hour and then brings it back. The likely result is:
a. Mike's action constitutes a trespass to land. b. Mike's actions constitute a dispossession of John's motorcycle. c. Mike's action constitutes an intermeddling with John's motorcycle. d. None of the above.
The Supreme Court rejected an attempt by President Truman to seize steel mills during a labor dispute in what case?
A) Truman v. Capote B) AFL-CIO v. Truman C) Youngstown Sheet & Tube Co. v. Sawyer D) UAW v. Truman