Which of the following does not indicate an ownership interest in real property?
a. Fee simple
b. Life estate
c. Joint tenancy
d. Month-to-month tenancy
e. Community property
d
Business
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Damages that are token sum, such as $1, awarded where no real compensatory damages are warranted are referred to as:
A. compensatory damages B. punitive damages C. nominal damages D. liquidated damages
Business
Which of the following is true of the Magnuson-Moss Warranty Act?
A) It requires all warrantors to make express written warranties. B) It obligates all warrantors to make disclaimer warranties for their products. C) It authorizes warrantors to establish an informal dispute-resolution procedure. D) Implied warranties are voidable under this Act.
Business