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Business Law II Property Chapter 19 Review Mr. Kretschmer.

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Presentation on theme: "Business Law II Property Chapter 19 Review Mr. Kretschmer."— Presentation transcript:

1 Business Law II Property Chapter 19 Review Mr. Kretschmer

2 Classes of Property The works of an author or an artist are protected by what? A copyright

3 Classes of Property This is a unique word, mark, or symbol that identifies a service. Servicemark

4 True or False Infringement is the unauthorized copying, sale, display, or performance of a work. True

5 Classes of Property This is the exclusive right to make, use, and sell a novel or new, nonobvious, useful product or process. Patent

6 Classes of Property A word, mark, symbol, or device that identifies a product of a particular manufacturer or merchant is called this. Trademark

7 True or False Intellectual property is something that is purely intangible True

8 Classes of Property This is commercially valuable information that the owner attempts to keep secret. Trade Secret

9 True or False Mr. Kretschmer can photocopy copyrighted items for one-time use in his classroom. True

10 Classes of Property What is the thing that is subject to ownership? Property

11 Acquiring Property What kind of property is intentionally placed somewhere but then forgotten? Mislaid

12 Acquiring Property What is the state of a person who dies without a will? Intestate

13 Acquiring Property What is a person who gives a gift called? Donor

14 Acquiring Property What kind of property is unknowingly left or accidentally dropped by the owner? Lost

15 Acquiring Property What is a shift of physically possession of property to the new owner? Delivery

16 Acquiring Property What is the right of an owner of property to an increase in that property? Accession

17 Acquiring Property What is acquiring of title by taking possession of property that belongs to no one else? Occupancy

18 True or False A person who receives a gift or property is called a donee? True

19 Acquiring Property What kind of gift is made when the donor expects to die soon? Conditional

20 Forms of Ownership What attribute of co-ownership allows either co-owner to require the division of the property among the co-owners? Right of Partition

21 True or False Ownership in severalty exists when someone owns property by themselves. True

22 True or False Community property is property that both spouses own a one-half interest. True

23 Forms of Ownership This is a type of co-ownership between husband and wife. Tenancy of the entirities

24 Forms of Ownership This is property that is owned by one spouse at the time of marriage. Separate Property

25 Any Questions? Assignment – Study for your Exam! Chapter 19 Exam next time class meets!


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