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Ben and Norm own real property as joint tenants with rights of survivorship. Upon Ben’s death, Ben’s interest in the real property will: Transfer to Norm Transfer by intestate succession Transfer to Trust Transfer to Ben’s heirs

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Ben and Norm own real property as joint tenants with rights of survivorship. Upon Ben’s death, Ben’s interest in the real property will:

 

  1. Transfer to Norm
  2. Transfer by intestate succession
  3. Transfer to Trust
  4. Transfer to Ben’s heirs

 

 

Ben files a Chapter 13 bankruptcy petition. The next day, the bank that loaned Ben money so Ben could purchase a car, shows up and repossesses the car. The Bank is likely violating which of the following:

 

  1. The discharge
  2. The preference period
  3. The reaffirmation
  4. The automatic stay

Paul is the owner of ” Paul’s Gadgets,” a sole proprietorship. Susan works for Paul and while Susan was driving to a customer’s location to drop off some gadgets, she rear ended another car at a stop light. Under these facts:

 

  1. Paul is liable under the doctrine of piercing the corporate veil
  2. Paul is not liable because his business has limited liability
  3. Paul is personally liable for any damages caused by Susan
  4. Paul is not liable if Susan was texting and driving

 

An individual selling her car could be liable…

 

1) for breaching the implied warranty of merchantability

2) for breaching the implied warranty of fitness

3) under the strict liability theory

4) under two of the above

 

 

✅ Answers (1)

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Private answer

Ben and Norm own real property as joint tenants with rights of survivorship. Upon Ben's death, Ben's interest in the real property will:

 

  1. Transfer to Norm
  2. Transfer by intestate succession
  3. Transfer to Trust
  4. Transfer to Ben's heirs
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Answered on June 19, 2020 7:23 am

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