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Ca Legal Aspects in RE Chapter 1 UPDATED ACTUAL Exam Questions and CORRECT Answers

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Ca Legal Aspects in RE Chapter 1 UPDATED ACTUAL Exam Questions and CORRECT Answers What is the main function of law in real estate? A. To establish order and enforce promises B. To regulate the stock market C. To manage public transportation D. To govern healthcare policies - CORRECT ANSWER - a Which law system serves as the foundation for modern law in the United States?

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Institution
Legal aspects of real estate
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Legal aspects of real estate

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Uploaded on
May 26, 2025
Number of pages
4
Written in
2024/2025
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  • ca legal aspects in re chapter 1 updated actual
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  • ca legal aspects in re chapter 1

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Ca Legal Aspects in RE Chapter 1
UPDATED ACTUAL Exam Questions and
CORRECT Answers
What is the main function of law in real estate? A. To establish order and enforce promises
B. To regulate the stock market
C. To manage public transportation

D. To govern healthcare policies - CORRECT ANSWER -a


Which law system serves as the foundation for modern law in the United States?
A. Civil Law from Ancient Rome
B. Common Law from England
C. Statutory Law from France

D. Religious Law from Vatican City - CORRECT ANSWER -b


What term refers to any wrongful act, not involving a breach of contract, for which a civil action
will lie?
A. Contract
B. Tort
C. Statute

D. Precedent - CORRECT ANSWER -b


Property acquired by a husband and/or wife during a marriage, when not acquired as the separate
property of either spouse, is known as:
A. Separate Property
B. Community Property
C. Estate Property

D. Joint Tenancy - CORRECT ANSWER -b
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