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LEGAL ASPECTS OF CODE ADMINISTRATION CERTIFICATION EXAM QUESTIONS WITH ANSWERS
LEGAL ASPECTS OF CODE ADMINISTRATION CERTIFICATION EXAM QUESTIONS WITH ANSWERS joint and several liablility - Answer-Concept allowing the plaintiff to recover damages from two or more defendants. (Chapter 11) liability - Answer-An obligation that one is bound in law or justice to perform. (Chapter 1) license - Answer-Land entrance permission given by the landowner for a particular purpose. (Chapter 10) lien - Answer-A claim or encumbrance on a property to secure a debt or obligation (...
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LEGAL ASPECTS OF CODE ADMINISTRATION CERTIFICATION EXAM QUESTIONS WITH ANSWERS joint and several liablility - Answer-Concept allowing the plaintiff to recover damages from two or more defendants. (Chapter 11) liability - Answer-An obligation that one is bound in law or justice to perform. (Chapter 1) license - Answer-Land entrance permission given by the landowner for a particular purpose. (Chapter 10) lien - Answer-A claim or encumbrance on a property to secure a debt or obligation (...
LEGAL ASPECTS OF CODE ADMINISTRATION PRACTICE 2024-2025
LEGAL ASPECTS OF CODE ADMINISTRATION PRACTICE Metes and bounds - Answer-A way of measuring by establishing a starting point, such as a designated landmark, distances, and directions Micro Zoning - Answer-Spot Zoning Ministerial Act - Answer-A deed performed under the authority, polices and procedures of a superior Misfeasance - Answer-The improper performance of some act that a person may lawfully do Negative Easement - Answer-Restricts a landowner from using a portion of their la...
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- • 9 pages •
LEGAL ASPECTS OF CODE ADMINISTRATION PRACTICE Metes and bounds - Answer-A way of measuring by establishing a starting point, such as a designated landmark, distances, and directions Micro Zoning - Answer-Spot Zoning Ministerial Act - Answer-A deed performed under the authority, polices and procedures of a superior Misfeasance - Answer-The improper performance of some act that a person may lawfully do Negative Easement - Answer-Restricts a landowner from using a portion of their la...
LEGAL ASPECTS OF CODE ADMINISTRATION EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS
LEGAL ASPECTS OF CODE ADMINISTRATION EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS injunctive relief - Answer-A judicial order prohibiting specified conduct; it may be temporary or permanent. temporary restraining order - Answer-An order issued by the cour without notice to the other party and without an opportunity for the other party to be heard. temporary injunction - Answer-A judicial order prohibiting specified conduct, which is issued pending a full hearing by the court. permanen...
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LEGAL ASPECTS OF CODE ADMINISTRATION EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS injunctive relief - Answer-A judicial order prohibiting specified conduct; it may be temporary or permanent. temporary restraining order - Answer-An order issued by the cour without notice to the other party and without an opportunity for the other party to be heard. temporary injunction - Answer-A judicial order prohibiting specified conduct, which is issued pending a full hearing by the court. permanen...
LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM QUESTIONS WITH CORRECT ANSWERS
LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM QUESTIONS WITH CORRECT ANSWERS What is possession without concealment? - Answer-Hostile possession What is known as water beneath the surface that runs in recognizable underground streams or collects in porous ground layers called aquifers? - Answer-Ground water What provides legal, public, and constructive knowledge to everyone about the ownership of a property? - Answer-The act of recording What is a legal instrument for the voluntary tran...
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LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM QUESTIONS WITH CORRECT ANSWERS What is possession without concealment? - Answer-Hostile possession What is known as water beneath the surface that runs in recognizable underground streams or collects in porous ground layers called aquifers? - Answer-Ground water What provides legal, public, and constructive knowledge to everyone about the ownership of a property? - Answer-The act of recording What is a legal instrument for the voluntary tran...
LEGAL ASPECTS OF REAL ESTATE FINAL EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS
LEGAL ASPECTS OF REAL ESTATE FINAL EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS Amendments to the Constitution guarantee, with regards to property and the real estate profession, which of the following? - Answer-Due process Equal protection Just compensation An agency is terminated by operation of law if: - Answer-Either party dies. Either party goes bankrupt. The agent loses his or her license. An agency may be created by: - Answer-Express agreement. Ratification. Estoppel. An ...
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LEGAL ASPECTS OF REAL ESTATE FINAL EXAM REPORTED QUESTIONS WITH CORRECT ANSWERS Amendments to the Constitution guarantee, with regards to property and the real estate profession, which of the following? - Answer-Due process Equal protection Just compensation An agency is terminated by operation of law if: - Answer-Either party dies. Either party goes bankrupt. The agent loses his or her license. An agency may be created by: - Answer-Express agreement. Ratification. Estoppel. An ...
LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM COMBINED SET QUESTIONS AND ANSWERS
LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM COMBINED SET QUESTIONS AND ANSWERS mistakes in the instrument - Answer-errors made in the preparation of the instrument to be recorded assurance of title - Answer-abstract of title; attorney's opinion; title insurance; torrens certificate abstract of title - Answer-summary of all recorded transactions, including deeds, mortgages, judgments, and the like, that affect the title to a specific parcel of land attorney's opinion - Answer-a...
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LEGAL ASPECTS OF REAL ESTATE – FINAL EXAM COMBINED SET QUESTIONS AND ANSWERS mistakes in the instrument - Answer-errors made in the preparation of the instrument to be recorded assurance of title - Answer-abstract of title; attorney's opinion; title insurance; torrens certificate abstract of title - Answer-summary of all recorded transactions, including deeds, mortgages, judgments, and the like, that affect the title to a specific parcel of land attorney's opinion - Answer-a...
LEGAL ENVIRONMENT OF BUSINESS EXAM 2017 QUESTIONS AND ANSWERS
LEGAL ENVIRONMENT OF BUSINESS EXAM 2017 QUESTIONS AND ANSWERS The general jurisdiction trial court in the federal system is called: a. United States Trial Court. b. United States Circuit Court. c. United States General Court. d. United States District Court. - Answer-D Which of the following is true about the lower federal courts? a. There is at least one federal district court in each state. b. There are thirteen federal appellate court circuits, with most circuits covering seve...
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LEGAL ENVIRONMENT OF BUSINESS EXAM 2017 QUESTIONS AND ANSWERS The general jurisdiction trial court in the federal system is called: a. United States Trial Court. b. United States Circuit Court. c. United States General Court. d. United States District Court. - Answer-D Which of the following is true about the lower federal courts? a. There is at least one federal district court in each state. b. There are thirteen federal appellate court circuits, with most circuits covering seve...
LEGAL ENVIRONMENT OF BUSINESS EXAM REPORTED QUESTIONS AND ANSWERS
LEGAL ENVIRONMENT OF BUSINESS EXAM REPORTED QUESTIONS AND ANSWERS Penalties for Violations of the Securities Act of 1933 may include each of the following except - Answer-Revocation of the corporate charter for egregious cases. Section 16 of the 1934 Act defines an insider as an officer, director, or shareholder who owns _________ or more of the company's total stock. - Answer-10% Security transactions involving the original issuance and reissuance of securities by a business to raise...
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LEGAL ENVIRONMENT OF BUSINESS EXAM REPORTED QUESTIONS AND ANSWERS Penalties for Violations of the Securities Act of 1933 may include each of the following except - Answer-Revocation of the corporate charter for egregious cases. Section 16 of the 1934 Act defines an insider as an officer, director, or shareholder who owns _________ or more of the company's total stock. - Answer-10% Security transactions involving the original issuance and reissuance of securities by a business to raise...
LEGAL ENVIRONMENT BUSINESS EXAM QUESTIONS WITH REVISED ANSWERS
LEGAL ENVIRONMENT BUSINESS EXAM QUESTIONS WITH REVISED ANSWERS Madeline signs a contract agreeing to sell Norman her brand-new Porsche 911 automobile for $50. It is possible that a court will: a. enforce the bargain as agreed, and not look further into the details. b. enforce the bargain as agreed because of the presence of consideration. c. immediately reject the contract because there is no consideration. d. look more closely at the bargain to determine whether fraud, duress, or undue in...
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LEGAL ENVIRONMENT BUSINESS EXAM QUESTIONS WITH REVISED ANSWERS Madeline signs a contract agreeing to sell Norman her brand-new Porsche 911 automobile for $50. It is possible that a court will: a. enforce the bargain as agreed, and not look further into the details. b. enforce the bargain as agreed because of the presence of consideration. c. immediately reject the contract because there is no consideration. d. look more closely at the bargain to determine whether fraud, duress, or undue in...
LEGAL ENVIRONMENT OF BUSINESS EXAM 2021 TEST QUESTIONS AND ANSWERS
LEGAL ENVIRONMENT OF BUSINESS EXAM 2021 TEST QUESTIONS AND ANSWERS If Juan is buying a tract of land from Ken, in which of the following ways would the legal description NOT be considered part of the contract? a. The legal description is written on a separate piece of paper and attached to the contract with a paper clip. b. The legal description is written in the contract itself. c. The legal description is written on a separate piece of paper and mailed separately from the contract. d. ...
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LEGAL ENVIRONMENT OF BUSINESS EXAM 2021 TEST QUESTIONS AND ANSWERS If Juan is buying a tract of land from Ken, in which of the following ways would the legal description NOT be considered part of the contract? a. The legal description is written on a separate piece of paper and attached to the contract with a paper clip. b. The legal description is written in the contract itself. c. The legal description is written on a separate piece of paper and mailed separately from the contract. d. ...
RADT 146 Test 3 Exam Questions and Answers
DOT 2024 Exam Questions with Correct Answers
NBCE Part 4 Boards - Part IV NBCE Exam Questions with Complete Solutions
CMN 548 MODULE 3 STUDY QUESTIONS WITH ALL ANSWERS UPDATED
WGU D199 Exam Questions with Correct Answers