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Legal Terminology Quiz

Froggy Jumps

Test your knowledge of legal terms with this quiz game!

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Froggy Jumps

Legal Terminology QuizVersión en línea

Test your knowledge of legal terms with this quiz game!

por marco rabadan
1

What is the right of a mortgagor to redeem his property after the mortgage is past due?

2

What is absolute ownership of real property called?

3

What is the valuation of inventory on a first-in, first-out basis?

4

What is a chattel permanently affixed to real estate called?

5

What is the legal process by which property due to a debtor is attached?

6

What is sales minus Cost of Goods Sold (COGS) called?

7

What is the act by which the owner of a mortgage cuts off the rights of the mortgagor?

8

What is the rule of law that precludes a person from denying certain facts?

9

What is assuming liability for the debts of another in case of default?

10

What is a contract to be liable for the debt of another person in case of default?

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