Quiz 1
1. Right
a) A legally protected power or privilege.
b) A written agreement between a vendor and a vendee wherein appear their names,
the property location, the purchase price and other terms to which they have
agreed.
c) A legally imposed obligation not to interfere with the rights of another
person.
2. Duty
a) A legally protected power or privilege.
b) Witness testimony, documents, or physical objects, of whatever type and
however presented to the court, which are offered to prove the existence of
certain facts.
c) A legally imposed obligation not to interfere with the rights of another
person.
3. Breach of Duty
a) The formal examination of a case before a court for the purpose of deciding
the matter in issue and to resolve the dispute between the parties.
b) A Pleading filed by the defendant following a granted Motion for Summary
Judgment, which usually changes or deletes a statement made in the Answer.
c) An act or a failure to act that interferes with the rights of another person.
4. Liability
a) A legally imposed obligation to perform a future act because a breach of duty
has resulted in the occurrence of a wrong.
b) A Pleading filed by the defendant following a granted Motion for Summary
Judgment, which usually changes or deletes a statement made in the Answer.
c) The announcement by the defendant's attorney that the defendant has no more
evidence to offer.
5. Dispute
a) An appellate judgment which is contrary to the judgment of the lower court
and thus disagrees with the pronouncement of rights, duties, remedies and
liabilities of the Parties.
b) A disagreement between two or more persons with respect to their individual
rights or duties.
c) Statements in the body of a pleading, which set forth that facts to be proven
at trial.
6. Case
a) A disagreement between two or more persons with respect to their individual
rights or duties.
b) A dispute that has been submitted to a court for resolution.
c) An appellate judgment which is contrary to the judgment of the lower court
and thus disagrees with the pronouncement of rights, duties, remedies and
liabilities of the Parties.
7. Bill of Lading
a) An act or a failure to act that interferes with the rights of another person.
b) The act of the injured plaintiff relinquishing, or giving up, his right to
proceed against the defendant, whether or not the defendant may have been liable
to the Plaintiff.
c) A document evidencing the receipt of goods for shipment issued by a person
engaged in the business of transporting goods.
8. Negotiable Instrument
a) A negotiable instrument is a writing which is signed by the maker or drawer
and contains an unconditional promise or order to pay a certain sum in money,
payable on demand or at a definite time, and payable to order or bearer.
b) A document evidencing the receipt of goods for shipment issued by a person
engaged in the business of transporting goods.
c) The termination of one's duty to perform a Contractual Obligation; may arise
in a variety of the following ways.
9. Draft
a) A document evidencing the receipt of goods for shipment issued by a person
engaged in the business of transporting goods.
b) A check issued by the authorized officer of a bank directed to another
person, evidencing the fact that the payee is authorized to demand and receive
upon presentation from the bank the amount of money represented by the check.
c) A bill of exchange
10. Cashier's Check
a) A stated payment at fixed intervals, for the use of a house or land.
b) A check issued by the authorized officer of a bank directed to another
person, evidencing the fact that the payee is authorized to demand and receive
upon presentation from the bank the amount of money represented by the check.
c) That kind of contract wherein the promisor agrees to confer a gift upon a
third person, who is not a party to the contract between the promisor and the
promisee.
11. Encumbrance
a) Any claim against real property which may lessen its value.
b) That kind of contract wherein the promisor agrees to confer a gift upon a
third person, who is not a party to the contract between the promisor and the
promisee.
c) A cause of action brought to try title to land.
12. Promissory Note
a) A bill of exchange
b) A kind of negotiable instrument wherein the maker agrees,(promises) to pay a
sum certain at a definite time.
c) A check issued by the authorized officer of a bank directed to another person
, evidencing the fact that the payee is authorized to demand and receive upon
presentation from the bank the amount of money represented by the check.
answers
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