Exam 4 Flashcards
Chattel Property
Category or property associated with movable goods.
Fixtures
Goods that have become so related to particular real property than an interest in them arises under real property law
Trademarks
A word, phrase, design, or combination that identifies your goods or services, distinguishes them from the goods or services of others, and indicates the source of your goods and services.
Patents
Technical inventions, such as chemical compositions like pharmaceutical drugs, mechanical processes like complex machinery, or machine designs that are new, unique, and usable in some type of industry.
Copyright
Artistic, literary, or intellectually created works, such as novels, music, movies, software code, photographs, and paintings that are original and exist in a tangible medium, such as paper, canvas, film, or digital format.
Concept of right of survivorship
Each tenant possesses an undivided interest in the whole estate. When one tenant dies, the tenants interest disappears and the others tenants’ shares increase proportionally and obtain the rights to the entire estate.
Attributes of tenancy by the entireties
Only applicable to husbands and wives; neither spouse can individually terminate it; alone they can not sell or lease an interest in such property without consent of the other.
Key distinction between joint tenancy & tenancy in common
Joint tenants must receive their property interest simultaneously and from the same source and must have an equal share with equal right to possess the entire property. On the other hand, tenants in common can receive their interest at different times and sources and don’t have to possess equal shares.
Attributes of a life estate
Lasts until the death of the owner or another specified individual.
Distinction between a warranty deed & quitclaim deed
Warranty deed makes a promise. Quitclaim deed makes no promise.
Constitutional requirements for government’s exercise of eminent domain
Fifth Amendment: Property must be put to public use & the owner is entitled to “just compensation” for his loss.
Nature of an FED action
Forcible eviction and detainer: action to evict a tenant.
Sources of law governing civil procedure in Alaska
Rules of court: General & Local
Statutes
Case Law
Key distinctions between an action at law & an action in equity
At law: Claim for damages
In equity: Claim for non-monetary remedy
Personal jurisdiction vs subject matter jurisdiction
Personal jurisdiction: Authority over parties & may be created by parties’ consent.
Subject matter jurisdiction: Authority to hear type of proceeding & cannot be created by court or parties’ consent.
In rem jurisdiction vs in personam jurisdiction
In rem: against a thing
Personal: Authority over parties.
Concept of venue
Proper geographical court in which to file an action (where defendant resides or where cause of action arose)
Function of a summons
To notify a defendant that a lawsuit has been filed against them and they must file an answer within a specified number of days.
Nature of a class action
A suit brought by a “class” representative on behalf of all.
Alaska prerequisites for class action
Class is so numerous that joinder of all members is impracticable; questions of law or fact common to the class; claims or defenses of the representative parties are typical of the claims or defenses of the class; and the representatives will fairly and adequately protect the interests of the class.
Scope of discovery under Civil Rule 26
Relevant & not privileged; need not be admissible at trial.
Attributes of work product
Privileged material prepared in anticipation of litigation.