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1.

A lease of goods would most properly be described as a(n):

 

 

 

 

 

A)

bailment

 

 

B)

contract to sell

 

 

C)

option to purchase

 

 

D)

conditional sale

 

 

 

 

 

Frequency

    1 - Never (No occasion to use this knowledge)

   2 - Rarely (Use this knowledge once or twice a year)

   3 - Infrequently (Use this knowledge once or twice a month)]

   4 - Frequently (Use this knowledge once or more a week)

Importance

            1 - Unimportant (Knowledge has no relation to public protection)

            2 - Not Very Important (Knowledge has little relation to public protection)

            3 - Important (Knowledge has moderate relation to public protection)

           4 - Extremely important (Knowledge has critical relation to public protection)

 

2.

Sam's friend Tina admires Sam's collection of sports memorabilia. Sam promises Tina that when he dies, she can have the collection. Before Sam's death, this is acquisition of personal property, on Tina's part, by:

 

 

 

 

 

A)

Capture

 

 

B)

Find

 

 

C)

Gift

 

 

D)

None of the above

 

 

 

 

 

Frequency

    1 - Never (No occasion to use this knowledge)

   2 - Rarely (Use this knowledge once or twice a year)

   3 - Infrequently (Use this knowledge once or twice a month)]

   4 - Frequently (Use this knowledge once or more a week)

Importance

            1 - Unimportant (Knowledge has no relation to public protection)

            2 - Not Very Important (Knowledge has little relation to public protection)

            3 - Important (Knowledge has moderate relation to public protection)

           4 - Extremely important (Knowledge has critical relation to public protection)