Questions from Business Law

Q: Describe the duties of an employer and employee to each other.

Describe the duties of an employer and employee to each other.

Q: Describe the four requirements that qualify a person as a holder in

Describe the four requirements that qualify a person as a holder in due course.

Q: Distinguish between personal and real defenses against payment of commercial paper,

Distinguish between personal and real defenses against payment of commercial paper, and list the types of defenses in each case.

Q: Describe the characteristics of property and provide examples of items considered property

Describe the characteristics of property and provide examples of items considered property.

Q: Identify and discuss common ways in which title to personal property can

Identify and discuss common ways in which title to personal property can be acquired.

Q: Discuss the different forms of property ownership.

Discuss the different forms of property ownership.

Q: Discuss the characteristics of real property.

Discuss the characteristics of real property.

Q: Describe ownership interests in real property in terms of freehold and leasehold

Describe ownership interests in real property in terms of freehold and leasehold estates.

Q: Discuss the transfer of real property, including (a) the

Discuss the transfer of real property, including (a) the various types of deeds, (b) the delivery and recording of deeds, and (c) transfers made through eminent domain and adverse possession.

Q: Distinguish among the four kinds of bailments, and discuss the level

Distinguish among the four kinds of bailments, and discuss the level of care a bailee is required to give for each one.