16_cj
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| Accession | right of an owner of property to an increase in that property
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| Co-ownership | ownership existing when two or more persons have the same ownership rights in the same property
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| Community property | property owned equally by spouses
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| Constructive delivery | having a symbol of a gift substituted in its delivery
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| Copyright | protects the expression of a creative work, such as the work of an artist, author, or composer
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| Divorce | court action terminating a marriage
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| Fair use | limited use of copyrighted works by critics, researchers, news reporters, and educators
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| Fixture | item of personal property that has become permanently attached to realty and is thus transformed from personalty into realty
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| Infringement | unauthorized copying, sale, display, or performance of a copyrighted work
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| Intellectual property | purely intangible personal property that one cannot touch or move
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| Joint tenancy | co-ownership of property with equal interests and the right of survivorship
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| Land | basic physical element of realty
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| Lost property | property that the owner unknowingly leaves somewhere or accidentally drops
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| Marriage | legal union of a man and woman as husband and wife
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| Mislaid property | property that is intentionally placed somewhere but then forgotten
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| Occupancy | acquisition of title by taking possession of personal property that belongs to no one else
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| Patent | government grant of exclusive right to make, use, and sell a product or process which is novel, non-obvious, and useful
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| Personal property (also called personalty) | tangible, movable property and intangible property
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| Property | tangible and intangible things and their corresponding legal rights and interests
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| Real property (also called realty) | land, water, and minerals in the earth; airspace above the land; and things permanently attached to the land
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| Right of partition | attribute of co-ownership which allows any co-owner to require the division, usually financial, of the property among the co-owners
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| Right of survivorship | right of one joint tenant to ownership of property when the other joint tenant dies
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| Service mark | word, mark, or symbol that identifies a service as opposed to a product
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| Severalty | ownership of all property rights by oneself
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| Tenancy by the entireties | usual form of co-ownership between husband and wife, carrying equal interest and the right of survivorship
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| Tenancy in common | form of co-ownership in which the shares may be unequal and there is no right of survivorship
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| Trade secret | unpatented formula or process not known to others and which is valuable in business
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| Trademark | unique word, mark, symbol, or device that identifies a product of a particular manufacturer or merchant
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Created by:
Chanse.j_
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