Chapter 15: Consumer Protection PreTest

Property can be classified as either real or personal.

• True

• False

A fixed, original expression of a creative work can be protected by a trademark.

• True

• False

A unique word, mark, or symbol identifying products is called a servicemark.

• True

• False

Patents are good for ten years and are renewable.

• True

• False

Any kind of property may be acquired and transferred by contract.

• True

• False

The promise to make a gift creates a legal obligation.

• True

• False

Property intentionally placed somewhere but then forgotten is referred to as mislaid property.

• True

• False

Occupancy is a means of acquiring abandoned property.

• True

• False

The right of partition is one of the rights included in ownership in severalty.

• True

• False

In a tenancy by the entireties the co-owners must always be husband and wife.

• True

• False