Examlex
In order to pass a chapter test, a student must answer 80% or more of the questions correctly. If a chapter test has 25 questions, what is the smallest number of questions that the student must answer correctly in order to pass the test?
Constructive Trust
A legal remedy imposed by a court to address unjust enrichment or fraud, requiring the person holding the assets to transfer them to the intended party.
Lakeside Property
Real estate located adjacent to or near a lake, often highly valued for its view, recreational opportunities, and environmental quality.
Possession
The actual holding or control of something, such as property or goods, often implying ownership or a right to control.
Apparent Agency
A legal concept where a principal is liable for the acts of an agent who appears to be acting under their authority, even if the agent isn't.
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