Sources of American Common Law Quiz
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is NOT a characteristic of American common law?

  • Rooted in English common law traditions
  • Based on the principle of stare decisis
  • Derived solely from statutory law (correct)
  • Subordinate to legislative statutes
  • If a personal property item becomes permanently attached to real property, what is it considered?

  • Easement
  • Profit
  • Fixture (correct)
  • Fee simple absolute
  • Which of the following is NOT part of the 'bundle of rights' associated with property ownership?

  • The right to profit from the property
  • The right to transfer ownership
  • The right to use the property without limitations (correct)
  • The right to exclude others
  • What is the term used to describe the government's right to take private property for public use, with due process and just compensation?

    <p>Eminent domain</p> Signup and view all the answers

    In the context of real estate transactions, what is the term used to describe the situation where a broker represents both the buyer and the seller?

    <p>Dual agency</p> Signup and view all the answers

    According to the majority rule regarding broker commissions, what is required for a broker to earn their commission?

    <p>No closing is necessary; the broker earns the commission upon producing a buyer</p> Signup and view all the answers

    Which of the following is NOT a required element for a contract to be enforceable?

    <p>Notarization</p> Signup and view all the answers

    What is the term used to describe the legal principle that certain types of contracts must be in writing to be enforceable?

    <p>Statute of frauds</p> Signup and view all the answers

    Which of the following is an example of administrative law?

    <p>The Chicago Building Code</p> Signup and view all the answers

    What is the term used to describe a non-possessory right to use or cross another's land?

    <p>Easement</p> Signup and view all the answers

    More Like This

    Sources of American Law Quiz
    16 questions
    Understanding American Common Law
    30 questions
    American Legal System Quiz 1
    28 questions
    Use Quizgecko on...
    Browser
    Browser