Week 1Introduction to Property & Personal Property
Question 1
5/ 5pts
Which of the following explains why a bona fide purchaser of an item of
personal property will prevail over the true owner in certain transactions?
All of the following.
The bona fide purchaser would suffer a great burden if required to conduct a
reasonably diligent search of the title to the item.
The bona fide purchaser is an innocent party.
The bona fide purchaser buys the item while the seller of the property has
voidable title and the bona fide purchaser sells the item before the true
owner sues the bona fide purchaser to recover the item.
The bona fide purchaser’s title to personal property is protected if he meets
the qualifications of a bona fide purchaser.
Question 2
5/ 5pts
Property rights are often referred to as the metaphorical bundle of sticks, as
Chapter 1 of the text points out. If one of the sticks is the right to destroy
the property that a person owns, which of the following statements is the
most accurate?
None of the following are correct.
The right to destroy is not limited; it is an absolute right.
The right to destroy is not within the bundle of sticks.
The right to destroy can be limited if a law or private document that applies
to the subject property restricts the right to destroy.
Incorrect
Question 3
0/ 5pts
Which of the following groups of factors is the legally accepted guide for
courts to analyze whether a finder has obtained rights in found property?
Location of the property when found; validity of the claims to the property;
intent of the claimants to the property.
Identity of the category of the found property; intent of the true owner and of
the finder to control the property; location of the property when found.
Location of the property when found; identity of the competing claimants;
presumed intent of original owner.
Possession of the property; identity of the type of found property; validity of
the claims to the property.
Question 4
5/ 5pts
Wild animals are rarely the subject of litigation in modern times. The utility
of understanding the law regarding wild animals is:
It provides a framework to determine the ownership of other natural
resources.
It influenced the development of American law through its underlying
policies.
It provides a framework to determine the origins of property rights.
All of the above.
Question 5
5/ 5pts
Which of the following statements is the most accurate regarding the bundle
of property rights?
The right to transfer includes the right to sell and lease the property, but
does not include the right to donate the property.
The right to exclude includes the right to keep trespassers off the property,
but does not include the right to keep an easement holder off the property.
The right to possess and use the property includes only that possession and
use permitted by law, but does not include the right to keep the property
vacant and unoccupied.
The bundle of property rights is expanding through government’s use of
statutes and ordinances.
Question 6
5/ 5pts
When government regulates hunting and fishing, its regulations usually are
not consistent with the capture rule.
True
False
Incorrect
Question 7
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Mrs. Arden lost her gold wedding ring and Mrs. Boyd found it. Later, Mrs.
Boyd moved the ring from her coat pocket to her purse, which had a hole in
it. Boyd lost the ring and it was found by Mr. Campbell. Which statement
most accurately describes the court’s likely ruling in a lawsuit by Boyd
against Campbell?
Campbell, as the second finder of lost property, is the owner of the ring,
unless Mrs. Arden is present to assert her title to the ring.
Boyd, as the first finder of lost property, is the owner of the ring, unless Mrs.
Arden is present to assert her title to the ring.
Boyd, as the first finder of lost property, is the owner of the ring unless
Campbell proves he is the second finder and in possession of the ring.
Campbell, as the second finder of lost property, is the owner of the ring
under the relativity of title doctrine.
Question 8
5/ 5pts
The Uniform Commercial Code provides protection for bona fide purchasers
under certain circumstances.
True
False
Incorrect
Question 9
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Five students gathered in the study hall to jointly prepare for their basket
weaving exam. Each student had their textbook and laptop. When the study
session was over, all the students quickly left the room, except Sandra.
Sandra collected her things and noticed a laptop remained on the table. She
put it in her backpack and went to the coffee shop next door. Sandra bought
a cup of coffee and left the laptop with the cashier, thinking her classmate
Tom would look for his laptop in the study hall and then the coffee shop.
When true owner Tom discovered that Sandra was the last to leave the study
session and that his laptop was not there, he asked Sandra about it. Upon
learning it was left at the coffee shop, Tom asked the coffee shop manager if
a laptop had been left at the shop. The manager asked all employees about
a laptop, but he told Tom that neither he nor the employees had seen a
laptop at the cash register or behind the counter. If Tom were to sue Sandra,
what would be his claim?
There was a gratuitous bailment and Sandra is liable under the slight
negligence standard.
There was a gratuitous bailment and Sandra is liable under the ordinary
negligence standard.
There was an involuntary bailment and Sandra is strictly liable.
. There was an involuntary bailment and Sandra is liable under the gross
negligence standard.
Question 10
5/ 5pts
Bailment is the lawful possession of real property.
True
False
Question 11
5/ 5pts
Statutes in many states replace the common law categories and rules
regarding finders of personal property. What features about such statutes
deviate from the common law categories and rules?
All of the following.
Landowners are less likely to obtain title to the personal property.
The finder has an incentive to report the find to the police department.
Increases the likelihood the personal property will be returned to the true
owner.
Incorrect
Question 12
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. The right to transfer includes an owner’s sale, donation or devise of his/her
property. Therefore, we can say the right to transfer property is not limited
or restricted.
True
False
Incorrect
Question 13
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Custom proved to be critical to the judicial decision in which of the following
cases regarding the ownership of wild animals?
Ghen v. Rich.
Young v. Hichens.
State v. Shaw.
Pierson v. Post.
Question 14
5/ 5pts
Which of the following doctrines favors the person who is a productive
worker?
Adverse possession of chattel.
Bailment.
Bona fide purchasers.
Accession.
Question 15
5/ 5pts
The decision in theMoore v. U.C. Regentscase about the dilemma in
property law concerning body tissue is expressed in which of the following
statements?
Once tissue is excised from the body, it cannot become personal property in
the form of a cell line.
Once tissue is excised from the body, it remains the property of the patient.
Once tissue is excised from the body, it does not remain the property of the
patient.
Once tissue is excised from the body, it cannot become the property of the
medical doctor and scientific researchers.
Incorrect
Question 16
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Which of the following is accurate regarding accession rules?
The person who improves the chattel will nearly always be given title despite
his bad faith.
The owner of the chattel will nearly always be given title when an improver
acts in bad faith.
Before title to chattel is given to an improver, the court will make sure the
improver knew the owner did not productively use the chattel.
The person that adds labor to the chattel must also add value to the chattel.
Incorrect
Question 17
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If we assume that a spam email has been held by a court to be a trespass to
chattels, then which of the following will most likely not be considered to be
a trespass to chattels?
A cook at a diner who serves a “beyond meat” steak to a customer who had
ordered a beef sirloin steak.
A pet owner who lets his dog relieve itself on the neighbor’s front lawn.
A teenager who lets the air out of his neighbor’s car tires while it is parked
on the neighbor’s driveway.
A computer technician who hacks his neighbor’s television and posts a video
of his favorite rock and roll band.
Question 18
5/ 5pts
A non-owner of personal property can lawfully possess an item of personal
property. Which of the following lists most completely identifies the types of
a non-owner’s possession that are lawful?
Gratuitous bailment and involuntary bailment.
Gratuitous bailment, voluntary contract bailment, and involuntary bailment.
Voluntary contract bailment and involuntary bailment.
Gratuitous bailment and voluntary contract bailment.
Question 19
5/ 5pts
Seller Sam sells an item of chattel to bona fide purchaser Betty. Under the
common law rule Betty only receives the title Sam had at the time of his sale
to her and nothing more. Assuming Sam is not a thief, Betty holds good title
to the chattel. Is this true or false?
True
False
Question 20
5/ 5pts
The doctrine of adverse possession of personal property is problematic due
to the chattel’s portability and the likelihood that the possessor’s use of the
chattel may not give notice to the owner. The law in a few states seeks to
reduce or eliminate these problems by which of the following?
The statute of limitations begins to run when the true owner knows or should
have known of the possessor’s actual possession of the personal property.
The statute of limitations begins to run upon a person’s adverse and hostile
possession of the personal property.
The statute of limitations begins to run upon a person’s open and notorious
possession of the personal property.
Upon the continuous possession of the personal property for the entire
statute of limitations period by the adverse possessor.
Question 21
5/ 5pts
The least accurate definition of the traditional categories of found property is
which of the following?
Treasure trove consists of gold, silver, currency, or the like intentionally
concealed by an unknown owner for safekeeping in a secret location in the
distant past.
Lost property is deemed to exist when the owner intentionally and voluntarily
parts with it through neglect or inadvertence and forgets where it is.
Mislaid property is deemed to exist when the owner voluntarily puts the
property in a particular place, intending to retain ownership, but then fails to
reclaim it or forgets its location.
Abandoned property is deemed to exist when the owner intentionally and
voluntarily relinquishes all right, title, and interest in it.
Question 22
5/ 5pts
In a case where a person seeks a judgment awarding him/her with ownership
of another’s personal property, which of the following does not help the
person’s case:
The person works on the item of personal property and increases its value.
The person acts in good faith.
The person creates a different item out of the personal property.
The person declines to pay the value of the item to the owner.
Incorrect
Question 23
0/ 5pts
Most states require a bailee to exercise which of the following standards of
care?
The duty of care that ranges from gross negligence to ordinary negligence to
slight negligence, as determined by for whose benefit the bailment was
established.
The duty of care imposed on a bailee for the failure to return the chattel is
the reasonable person standard.
The duty of care imposed on a bailee is the ordinary negligence standard.
The duty of care imposed on a bailee is none of the above.
Incorrect
Question 24
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When an adverse possessor first takes possession of chattel, this act has
which of the following legal consequences in the majority of states?
Legal title to the chattel is now in the name of the adverse possessor.
The adverse possessor becomes a gratuitous bailee.
The adverse possessor becomes a voluntary contractual bailee.
The statute of limitations for adverse possession begins to run.
Question 25
5/ 5pts
The capture rule relates to how the common law dealt with...
Ownership of found property.
Property given as a gift.
Ownership of wild animals.
Bailment of property.
Quiz Score:80out of 125