According to the James V

question 19

Multiple Choice

According to the James v.Taylor case, at common law, if the wording in a deed was ambiguous, the law favored a:

• A)tenancy by the entireties.
• B)tenancy in partnership.
• C)tenancy in common.
• D)joint tenancy.

Identify the parties involved in a tort action and their roles.

Understand the defenses available in a tort action.

Differentiate between assault and battery in tort law.

Understand the concept of economies of scale and scope.

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Definitions:

Risk Passes

A term used in sales and contract law signifying the point at which the risk of loss or damage to goods transfers from the seller to the buyer.

Destroyed Goods

Items or products that have been damaged to the point where they can no longer serve their intended purpose.

Commercial Reasonableness

Reasonable commercial standards of fair dealing, required of merchants in addition to honesty in fact.

Fair Dealing

A legal doctrine that allows for limited use of copyrighted material without permission from the copyright holder, typically for purposes of criticism, review, or education.