Diploma level revision aid Law of Property DP2

This revision quiz is intended to assist you in the law of property.

Which of the following best describes ownership and possession

An owner need not be in possession

Possession is ownership

They must co-exist

They cannot co-exist

Pollock described ownership as which of the following

The right to use and dispose

The entirety of powers of use and disposal unrestricted by law

The entirety of powers of use and disposal allowed by law

The entirety of powers of use allowed by law

Which of the following is NOT a legal means of ownership

Originally e.g. By creating something such as a clay jug

By succession e.g by being a beneficiary to a will

By necessity e.g. By urgent need to obtain essentials

Derivatively such as a birthday present

An example of choses in action is

A pen

A debt

A ball

A book

A mortgagee

Must be a bank

Must be an individual person or persons

Is a lender of money who has a security on a property

A borrower of money who gives a security on a property to the lender

A mortgagor

A borrower of money who gives a security on a property to the lender

Is a lender of money who has a security on a property

Must be an individual person or persons

Must be a bank