BUL 3320 Exam 2 Questions with
Complete Answers
what is chapter 7 discharge? - ANSWER-The termination of the legal duty of an
individual debtor to pay unsecured debts that remain unpaid upon the completion of
a Chapter 7 proceeding.
Land as well as buildings, trees, soil, minerals, timber, plants, and other things
permanently affixed to the land are known as ____. - ANSWER-real property
a ___ is a written document signed by a debtor that creates a security interest in
personal property - ANSWER-security agreement
A deed in which the grantor of real property transfers whatever interest he has in the
property to the grantee is known as a - ANSWER-quitclaim deed
the ___ is federal act enacted in 1970 that promote safety in the workplace -
ANSWER-OSHA
___ is an interest in real property that last for a specified persons lifetime -
ANSWER-life estate
overtime pay is paid for each hour worked in excess of ___ hours that week -
ANSWER-40
A person who transfers the right of possession and use of goods under a lease is
known as the - ANSWER-lessor
___ is A form of co-ownership of real property that can be used only by married
couples - ANSWER-Tenancy by the entirety
John buy the new car with the help of a loan. He permits the creditor to take
possession of the car if he cannot repay the loan in time here, the car is the __ -
ANSWER-collateral
What is repossession? - ANSWER-A right granted to a secured creditor to take
possession of the collateral upon default by the debtor
An employee who believes that he or she is being sexually harassed have a duty to
report harassment to the - ANSWER-employer
___ is a form of co-ownership that includes the right of survivorship as well as the
right of tenants to unilaterally transfer the interest without the consent of cotenants -
ANSWER-joint tenancy
to claim under disparate - treatment discrimination, the complainant must prove
that___. - ANSWER-here she belongs to the title VII protected class
Complete Answers
what is chapter 7 discharge? - ANSWER-The termination of the legal duty of an
individual debtor to pay unsecured debts that remain unpaid upon the completion of
a Chapter 7 proceeding.
Land as well as buildings, trees, soil, minerals, timber, plants, and other things
permanently affixed to the land are known as ____. - ANSWER-real property
a ___ is a written document signed by a debtor that creates a security interest in
personal property - ANSWER-security agreement
A deed in which the grantor of real property transfers whatever interest he has in the
property to the grantee is known as a - ANSWER-quitclaim deed
the ___ is federal act enacted in 1970 that promote safety in the workplace -
ANSWER-OSHA
___ is an interest in real property that last for a specified persons lifetime -
ANSWER-life estate
overtime pay is paid for each hour worked in excess of ___ hours that week -
ANSWER-40
A person who transfers the right of possession and use of goods under a lease is
known as the - ANSWER-lessor
___ is A form of co-ownership of real property that can be used only by married
couples - ANSWER-Tenancy by the entirety
John buy the new car with the help of a loan. He permits the creditor to take
possession of the car if he cannot repay the loan in time here, the car is the __ -
ANSWER-collateral
What is repossession? - ANSWER-A right granted to a secured creditor to take
possession of the collateral upon default by the debtor
An employee who believes that he or she is being sexually harassed have a duty to
report harassment to the - ANSWER-employer
___ is a form of co-ownership that includes the right of survivorship as well as the
right of tenants to unilaterally transfer the interest without the consent of cotenants -
ANSWER-joint tenancy
to claim under disparate - treatment discrimination, the complainant must prove
that___. - ANSWER-here she belongs to the title VII protected class
