Question

In: Accounting

A gift “causa mortis” may not be revoked. True False If bailed property is destroyed while...

A gift “causa mortis” may not be revoked.

True

False

If bailed property is destroyed while in possession of the bailee, the bailee is presumed to be liable.

True

False

An express easement must be in writing to be valid.

True

False

QUESTION 79

All easements are perpetual.

True

False

QUESTION 80

Recording of the deed is necessary for title to pass.

True

False

QUESTION 81

A license is a revocable right or privilege to come onto lands of another.

True

False

Solutions

Expert Solution

1. A gift “causa mortis” may not be revoked. - The statement is False.

Reason - Latin word “causa mortis” means contemplating death. Gift causa mortis is when person provides a gift to other person because they believe that will die soon. The donor can revoke a gift causa mortis at any time and for any reason as long as the donor is alive.

2. If bailed property is destroyed while in possession of the bailee, the bailee is presumed to be liable. - The statement is True

Reason - A bailee is liable for exercise the due care of the property possessed by him,. If the goods are lost, stolen, or destroyed while in the possession of the bailee then the bailee is presumed by the law to have been at fault unless it is proved that it was not the fault of bailee.

3. An express easement must be in writing to be valid. The statement is True.

Reason - The express easement is created by a deed or by a will. Thus, it must be in writing.


Related Solutions

Cerebral palsy may either start in infancy or while in utero. True False
Cerebral palsy may either start in infancy or while in utero. True False
True or False: Futures are customizable contracts while Forwards are not. True False
True or False: Futures are customizable contracts while Forwards are not. True False
An American option may be exercised only at maturity. True or false? True False
An American option may be exercised only at maturity. True or false? True False
Choose true or false for each statement regarding the resistance of a wire. true false  While maintaining...
Choose true or false for each statement regarding the resistance of a wire. true false  While maintaining a constant voltage V, the current I increases when the length L of a wire increases. true false  The resistance is proportional to the cross-sectional area A of the wire. true false  While maintaining a constant voltage V, the current I decreases when the resistivity ρ of a wire decreases. Choose true or false for each statement regarding resistors in a circuit. true false  If you connect...
Estoppel letters benefit purchasers of real property. True or False
Estoppel letters benefit purchasers of real property. True or False
True or False if false state why: While she initially committed to becoming a nun and...
True or False if false state why: While she initially committed to becoming a nun and serving the poor, Austrian Catholic immigrant descendant Philadelphian Katherine Drexel soon found her vow of poverty to be tiresome, and she subsequently returned to her life of wealth and privilege in Philadelphia and built a spectacular mansion with all of her millions. ____
which of the following statements about residential rental property are TRUE? The property may be depreciated...
which of the following statements about residential rental property are TRUE? The property may be depreciated using the ___________ a. ADS for a period of 30 years only by electing to in the first year the property is placed into service b. General Depreciation System for the period of 30 years c. GDS for a period of 40 years
Considering the following algorithm: bool thread1 = false; bool thread2 = false; thread1 { While (true)...
Considering the following algorithm: bool thread1 = false; bool thread2 = false; thread1 { While (true) {        while(thread2 == true);           thread1 = true;                  /* start of critical section */          …   ...     /* end of critical section */       thread1 = false                  …   }    }   thread2 { While (true) {        while(thread1 == true);           thread2 = true;                  /* start of critical section */          …          /* end of critical section */       thread2 = false                  …   }    }   Does this...
1.While the biceps is contracting, there is no activity in the triceps. True or false 2.As...
1.While the biceps is contracting, there is no activity in the triceps. True or false 2.As contractile strength increases, ____________ muscle motor units become involved in the contraction. More or ess 3.A maximum strength skeletal muscle contraction can be sustained indefinitely. True or false
All of the following are reasons why a physicians' license may be revoked or suspended EXCEPT:...
All of the following are reasons why a physicians' license may be revoked or suspended EXCEPT: a. conviction of a crime. b. unprofessional conduct. c. personal or professional incapacity. d. being named in a medical malpractice case.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT