EXIT Diploma level revision aid Law of Property DP2 This revision quiz is intended to assist you in the law of property. Question Title * 1. Which of the following best describes ownership and possession An owner need not be in possession They must co-exist They cannot co-exist Possession is ownership OK Question Title * 2. Pollock described ownership as which of the following The entirety of powers of use and disposal allowed by law The entirety of powers of use and disposal unrestricted by law The right to use and dispose The entirety of powers of use allowed by law OK Question Title * 3. Which of the following is NOT a legal means of ownership Derivatively such as a birthday present 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 OK Question Title * 4. An example of choses in action is A ball A pen A debt A book OK Question Title * 5. A mortgagee Must be an individual person or persons 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 a bank OK Question Title * 6. A mortgagor A borrower of money who gives a security on a property to the lender Must be a bank Is a lender of money who has a security on a property Must be an individual person or persons OK SEE HOW YOU DID