Ivan Owned a House in Florida

question 22

Multiple Choice

Ivan owned a house in Florida. He died without making a valid will, and therefore, the property passed to his son, Mario. The method by which Mario acquired the property is called acquisition by _____.

• A) will
• B) inheritance
• C) gift
• D) adverse possession

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Definitions:

Pirating

The unauthorized use or reproduction of another's work, such as software, music, or movies.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Clayton Act

U.S. legislation enacted to amend antitrust laws, prohibiting certain practices that could lead to anti-competitive behaviors.

Robinson-Patman Act

A United States federal law aimed at protecting small businesses from predatory pricing practices by larger competitors and preventing price discrimination.