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LAW 531T Apply Week 4 Assessment (100% Correct)
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LAW 531T Apply Week 4 Assessment (100% Correct)

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Week 4 Apply Assessment It’s time for the Bizlaw County auction! For each of the auction items listed below, you will (1) determine which type of property the item is and (2) give an identifier that further describes the nature of the item. A. A ring Hugh received from his grandmother several months before she died B. A motorbike Ned got from the Harley-Davidson store for $53,000 C. A motorless army jeep left on the plot of land Corey bought D. A pair of high-quality cleats that Candace found on the football field after a game E. A Sony Walkman that Mary left in her will for her nephew, Zeppelin F. The lyrics to an unpublished song that famous rapper 11 Nickels gave to his daughter when he retired 1. Which type of property is item A? A ring Hugh received from his grandmother several months before she died 2. Which identifier describes the nature of item A? A ring Hugh received from his grandmother several months before she died - 3. Which type of property is item B? A motorbike Ned got from the Harley-Davidson store for $53,000 – purchase 4. Which identifier describes the nature of item B? A motorbike Ned got from the Harley-Davidson store for $53,000 – 5. Which type of property is item C? A motorless army jeep left on the plot of land Corey bought – 6. Which identifier describes the nature of item C? A motorless army jeep left on the plot of land Corey bought – 7. Which type of property is item D? A pair of high-quality cleats that Candace found on the football field after a game- 8. Which type of property is item D? A pair of high-quality cleats that Candace found on the football field after a game – 10. Which type of property is item E? A Sony Walkman that Mary left in her will for her nephew, Zeppelin 11. Which type of property is item E? A Sony Walkman that Mary left in her will for her nephew, Zeppelin – Gift 12. Which identifier describes the nature of item F? The lyrics to an unpublished song that famous rapper 11 Nickels gave to his daughter when he retired – 13. Which of the following is not true of offers? - An offeree’s silence may be counted as an agreement. 14. Which of the following constitutes grounds for canceling a contract? - Mutual mistake of fact 15. ___________ damages are designed to punish someone for breaching a contract and are usually only available in fraud or bad faith cases. 16. Which of the following contracts is required to be in writing? - A 17. A valid contract must include all of the following except which one? - 18. The __________ rule states that an offer made by one merchant to another may remain open for a set time during which it cannot be revoked. – 19. A person who owes a duty under a contract is called a (n) _________. – 20. A person who is owed a right under a contract is called a (n) ________

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