Law of Contract Final Exam 2024 Questions with 100% Correct Answers | Verified | Latest Update
1. This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain ANS D) Eminent domain 2. Precedents are determined by A) Statutory Law B) Case law C) TRELA D) DTPA ANS Wrong A) Statutory Law? 3. This estate may be terminated at will of either party. It has no duration limitation. A) Estate at will B) Estate from period to period C) Estate for years D) Freehold estate ANS A) Estate at will? 4. A form of shared property ownership in which rights vest in several owners for a specified period each year. A) Cooperatives B) Time shares C) Townhomes Condominiums ANS B) Time shares
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law of contract final exam
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