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Business Law Chapter 18 Test Part I
Test Description: Good Luck!
Instructions: Answer all questions to get your test result.
1) A buyer of the real property usually purchases the surface rights, rights to the airspace above the land, and in most states the rights to the earth beneath the surface of the land.
A
False
B
True
2) A mobile home that is being towed is considered real property.
A
False
B
True
3) If you find oil on your property and it extends onto someone else's land, you have the right to tear up that land and make it unusable to get your oil.
A
False
B
True
4) The only items that avoid trespassing through the air are rocket ships or items above the atmosphere.
A
False
B
True
5) Constructive eviction allows the tenant to withhold rent.
A
True
B
False
6) The maintenance of the common areas is the responsibility of the landlord.
A
False
B
Trie
7) Water can be owned
A
True
B
False
8) Rental agreements longer than one year, but less than five do not need to be in writing to be enforceable.
A
True
B
False
9) Deed transfers are the most common type of ownership transfer.
A
False
B
True
10) Tenants are only responsible for liabilities within their apartments and not common areas.
A
True
B
False
*select an answer for all questions
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