Exhibit 13-5

question 56

Multiple Choice

Exhibit 13-5.Choose the type of correlational statistic that would be used for each of the purposes listed.
-Refer to Exhibit 13-5.Used to determine the relationship between several independent variables and several dependent variables.

• A) Product-moment correlation
• B) Partial correlation
• C) Factor analysis
• D) Canonical correlation
• E) Multiple regression

Recognize the significance of marketable titles and the impact of liens on property ownership and transactions.

Distinguish between real and personal property and how certain items become part of real property when attached.

Understand the enforceability of restrictive covenants and their impact on property use and ownership.

Grasp the legal distinctions between easements, licenses, and restrictive covenants and their effects on property rights and usage.

---

Definitions:

Equitable Assignment

The transfer of future rights to benefits in a contract to another party, recognized by equity courts.

Novation

The process of replacing an existing obligation with a new one, effectively transferring the rights and duties to another party.

Breach of Contract

The act of not executing any part of a contract, either written or oral, lacking a legitimate legal rationale.

Non Est Factum

A legal defense claiming a person signed a document without understanding its nature due to a fundamental mistake.