Explain the concept of property.
What will be an ideal response?
A good answer should show the student understands that property can be real or personal, and can describe the characteristics of each. Real property is land and everything permanently attached, while personal property is everything else to which the law grants ownership rights and can include tangible and intangible personal property. The student may also explain that property can be owned by individuals and jointly with others in the form of tenancies in common, joint tenancies, and tenancies by the entireties.
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Indicate whether the statement is true or false
Sabrina is a 17 year old soon to be single mother. She and the father, Martin (Marty), of her unborn child are realistic in the belief that both, he only 17, are too young to take care of themselves yet a baby. They have been perusing various website reading pleas and requests from couples eager to adopt a child, preferably a newborn. For several weeks, Sabrina and Marty have been reading the
requests of a couple, #DPTX357910, in their middle thirties, post-grad educations, good careers and eager to have a child. After many hours of deep discussion and even some debate, they decided that this couple that they had been following on the Internet should be the recipients of their little bundle. The baby is due in several short weeks. Briefly explain what type of adoption these parents-to-be should pursue. Is one form of adoption better for them than another under their current situation? Are there other forms of transfer available to them? What will be an ideal response?
The separation agreement should have an "acknowledgement" section where the parties sign before a notary or court officer and, possibly, any witnesses.
Answer the following statement true (T) or false (F)
?Whether a transaction is a contract for the sale of goods and a security interest in the goods or a lease of goods is determined by UCC ยง 1-203.
Answer the following statement true (T) or false (F)