- Describe the distinctions between lost, abandoned, and mislaid property. Give an example of each.
- Explain the major characteristics of a corporation and what fiduciary duties, if any, the shareholders in a corporation possess.
- Describe the three main types of business forms or business structures commonly used, and detail the tax implications of each.
- Explain adverse possession, and describe the acronym that is commonly used to remember the elements of the concept.
- Sam Superstar wants to buy a house in his name. What types of deeds are available for an owner to obtain? What is the worst type of deed for a new homeowner to obtain and why?
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