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Final: Insurance and Answer

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Final: Insurance and Answer
Final for Review

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Assignment: Final for Review

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1.
Your answer:

Fact Pattern 50-1B
Shopping Mall, Inc. (SMI), leases space to Toney Goods Company and Uneek Stuf Store. Later, Uneek begins to sell items that are similar to Toney 's goods, and Toney abandons its space before the end of the lease term.
Refer to Fact Pattern 50-1B. In a growing number of jurisdictions, SMI would be

a. entitled to increase other tenants ' rent to cover Toney 's unpaid rent.
b. entitled to damages from Uneek for its business decision.
c. required to mitigate its damages.
d. entitled to the unpaid rent from Toney.
2.
Your answer:

Fact Pattern 49-1B
Town Transport Company (TTC) agrees to pick up two containers for Unlimited Sales, Inc., and store their contents, to be delivered later. While TTC unloads one container, the other disappears from TTC 's loading dock.
Refer to Fact Pattern 49-1B. TTC can avoid liability

a. by proof that Unlimited Sales was negligent in hiring TTC.
b. by proof that TTC was not negligent.
c. under any circumstances.
d. by proof that TTC 's warehouse is located in a high-crime area.
3.
Your answer:
Helen owns heavy construction equipment and the tools to service it, as well as office furniture, including computers. Ilya owns a number of patents, trademarks that identify the products made under those patents, and stock in the company that sells those products. Personal property includes the items owned by

a. Ilya only.
b. Neither Helen nor Ilya.
c. Helen and Ilya.
d. Helen only.

6/2/2014 4:55 PM

Final for Review

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4.
Your answer:
Chita owns the land on which Downwind Farm is situated, plus the farmhouse, barn, and other structures permanently attached to the land. Chita 's brother Elmo owns everything else on the farm—implements, seed, and so on. The real property is owned by

a.

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