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1. Joint tenants have the right of survivorship.

True

False

2. An easement may only be created by a written deed.

True

False

3. Marketable title to real property means perfect title.

True

False

4. Condominium unit owners pay their own real property taxes.

True

False

5. Real and personal property may be the subject of a bailment.

True

False

6. A sale is a form of bailment.

True

False

7. A bailee must always return identical property to the bailor.

True

False

8. Fire insurance only covers a loss from a friendly fire.

True

False

9. A writing is required for all bailments.

True

False

10. A mortgage may be oral or written.

True

False

Operation Management, Management Studies

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  • Reference No.:- M92571442

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