Test Review Josh develops a new lawnmower, which he names the “Lawn Gem.” He also writes the operating manual that is included with.
Download ReportTranscript Test Review Josh develops a new lawnmower, which he names the “Lawn Gem.” He also writes the operating manual that is included with.
Test Review Josh develops a new lawnmower, which he names the “Lawn Gem.” He also writes the operating manual that is included with each final product. Answer true or false: “Lawn Gem” would be considered to be a fanciful term for purposes of trademark law. a. True b. False Copy Products, Inc., uses, in its ads, a trademark that is substantially the same as a distinctive mark used by Durable Goods, Inc. Copy’s use of the mark is actionable a. only if consumers are confused. b. only if Copy and Durable are competitors. c. only if consumers are confused and Copy and Durable are competitors. d. regardless of whether consumers are confused or Copy and Durable are competitors. In 2005, Sara writes Terror at the Track, a novel about racecar driving. Sara does not register the work with the appropriate government office. Under federal copyright law, Sara’s work is protected a. for ten years. b. for twenty years. c. for the life of the author plus seventy years. d. forever. The idea for “Monkeybutt,” a video game, is protected by a. b. c. d. copyright law. patent law. trademark law. trade secrets law. For a party to take by adverse possession, the party’s possession must not be hostile to the true owner’s rights. a. True b. False The title obtained by adverse possession is sometimes referred to as a. b. c. d. a complex fee title. a firmhold estate. an impaired title. a limitations title. Rob deeds a plot of timberland to State University, which pays nothing to Rob for the property. Rob has given the university a. b. c. d. a fee simple absolute. a leasehold estate. a life estate. the power of eminent domain. Wood Products Corporation, which owns no land, has a right to cut trees from Natural Resource Company’s land. Wood’s right is a. b. c. d. a leasehold estate. a license. an easement. a profit. Shaky Life Insurance Co. conveys an office building to Ajax Corp with a deed that warrants the property to Ajax as against all claims, whether arising from things that Shaky Life did or things that others in the chain of title before it did. This deed is a. b. c. d. a grant deed. a quitclaim deed. a special warranty deed. a warranty deed. Same facts as previous question, but this time, the deed from Shaky says that Shaky “does hereby bind itself to warrant and forever defend all and singular the Property unto Ajax against every person whomsoever, lawfully claiming or to claim the same or any part thereof, by through or under Shaky, but not otherwise. This deed is a. b. c. d. a grant deed. a quitclaim deed. a special warranty deed. a warranty deed A deed that transfers only whatever right the grantor may have to a particular piece of property is called a a. b. c. d. a grant deed. a quitclaim deed. a special warranty deed. a warranty deed. To acquire the ownership of a mountain cabin by adverse possession, Cody must occupy the cabin exclusively, continuously, and peaceably for a specified period of time a. b. c. d. in an, open, hostile, and adverse manner. until the owner files a suit. without the owner’s knowledge. with the state’s permission. Consumer Stores, Inc., signs a lease for a storefront owned by Downtown Property Company. Unlike a purchaser of real property, Consumer Stores a. b. c. d. acquires only temporary possession of the premises. enjoys exclusive possession of the premises. holds only temporary title to the premises. retains temporary, exclusive possession and title to the premises. Bill leases an apartment from Cathy. Two months later, Bill moves out, and arranges with Diane to move in and pay the rent to Cathy for the rest of the term. This is a. b. c. d. an assignment. an easement. an eviction. a sublease In addition to an offer and acceptance, contractual capacity and a lawful object, the following is an indispensable element to contract formation a. b. c. d. Consideration. Absence of any misrepresentation. The exchange of money. A subjective intent to make a binding agreement by all of the parties. Intent to contract is determined by the offeror’s subjective intentions, beliefs, or assumptions. a. b. True False Freida and Gail enter into a bilateral contract, which is created when Freida gives a promise in exchange for Gail’s a. b. c. d. performance of a particular act only. promise only. performance of a particular act or promise. none of the above. Jill offers to pay Kyle $500 if he jogs across the Golden Gate Bridge. Kyle can accept the offer only by jogging across the bridge. If Kyle jogs across the bridge, he and Jill will have formed a. b. c. d. a bilateral contract. a moral obligation. a social contract. a unilateral contract. Tom enters a coffee shop in which he has an open account, fills a cup of coffee, holds it up so the cashier can see it, acknowledges the cashier’s nod, and walks out with the coffee, knowing that he will be billed for it at the end of the month. Tom has formed a. b. c. d. an express contract. an implied-in-fact contract. an implied-in-law contract. a quasi contract. Federal Oil Company and Great Apartments, Inc., sign a contract in which Federal agrees to deliver heating oil in exchange for Great’s promise to pay for it. Federal delivers the oil. The contract is a. b. c. d. executory on the part of Federal. executory on the part of Great. fully executed. neither executed nor executory on the part of either party. Marie, a judge, imposes a quasi contract on National Sales Corporation and Outstate Delivery Company most likely to a. avoid the unjust enrichment of one party at the expense of the other. b. punish the failure of one party to honor a moral obligation to the other c. reward the semi-contractual conduct of one party toward the other. d. sanction the non-contractual behavior of one party toward the other. John says to Kris, “I would like to sell you my sports memorabilia collection.” This is not an offer because it a. b. c. d. does not describe the subject matter sufficiently. does not include a price term. only expresses an opinion. only invites Kris to negotiate. Ann offers to buy a laser printer, with a case of paper and an extra cartridge, from Best Office Products for $200. Curt, Best’s representative, says, “OK, but no paper and no extra cartridge.” Curt has a. b. c. d. accepted the offer. made a counteroffer without rejecting the offer. rejected the offer and made a counteroffer. rejected the offer without making a counteroffer. Jeff offers Kelly $1,000 for her three-year-old laptop computer. Kelly accepts. If a dispute arises, a court would likely a. b. c. d. enforce the deal after questioning the adequacy of consideration. not question the adequacy of the consideration. rewrite the deal after questioning the adequacy of consideration. set aside the deal after questioning the adequacy of consideration. A minor may disaffirm a contract for necessaries and thereby avoid liability for the reasonable value of the goods. a. b. True False A contract with an unlicensed professional is always enforceable to some extent. a. b. True False On Tad’s eighteenth birthday, he decides that he no longer wants to keep a car he bought from U-Pick Autos, Inc., when he was seventeen. His right to disaffirm the deal will depend on a. b. c. d. the car’s condition when Tad bought it. the car’s current condition. whether Tad acts within a reasonable period of time. whether U-Pick has the right to disaffirm. Ruth, a minor, charges groceries at Sam’s Mart. Two days later, Ruth disaffirms the purchase. Ruth owes Sam’s Mart a. b. c. d. the reasonable value of the groceries. the retail value of the groceries. the wholesale value of the groceries. nothing. Ann, an emergency medical technician, renders emergency life saving medical care to Brad, a minor. Under the ruling of the court in Case 8.1, Yale Diagnostic Radiology v. Estate of Harun, Ann may recover the cost from a. Brad only. b. Brad or Brad’s parent. c. Brad’s parent only. d. no one.