PRACTICAL EXERCISE: LESSON 2 (october 29th 2015)
Choose the correct answer to these statements: (
Highlighted options are the correct answers)
1. Capacity to act and legal capacity are synonims. True | False
2. A minor always need the consent of his/her parents to sign a contract. True | False
3. Legal capacity is acquired for the mere fact of being a human being. True | False
4. Under Spanish legislation “Legal age” means being above 18. True | False
5. A minor can inherit but cannot freely dispose of inherited property. True | False
6. As to marriage, the joint property arrangement implies that the spouses don’t share the ownership
ot their goods. True | False
7. In Catalonia, the general rule for marriage economic arrangement is the separate property
arrangement, but the spouses can decide to have a joint property regime. True | False
8. A legal person, an artificial person and a juristic person are synonims. True | False
9. A partnership is a company where the its members are liable for the debts with their own heritage.
True | False
10. A corporation is the way a company is named in the USA. True | False
11. Nonprofit is the most important feature of a foundation. True | False
12. The owner of a thing may dispose of it. True | False
13. A mortgage is a form of encumbering a estate. True | False
14. A script of a play belongs to Industrial Property. True | False
15. A small sculpture is a moveable thing. True | False
16. Our possessions are the things we own, but to possess is not the same as to own. True | False
17. We may possess something as a) owner or b) as holder: in case a) we are the owners while in case
b) we are mere possessors. True | False
18. Action for recovery is a legal action which entitles the owner to get his property back from a third
party which holds it ilegally. True | False
19. The competent authority may deprive an individual of his property without compensation for
reasons of public interest. True | False
20. The usufructuary may use someone else’s property and is also entitled to receive not more than
50% of the fruits of the property subject to the usufruct. True | False
21. When the usufructuary dies, the nude owner becomes the total owner of the property. True|False
22. The owner of an appartment has the right to claim the usufructuary those repairs which are
essential to preserve it. True | False
23. A mortgage must be signed before a Notary and the deed has to be registered in the land
registry to acquire full force. True | False
24. The one who lends the money in a mortgage operation is called the mortgagee.
True | False
