What is a profit or license? How does a profit or license differ from a covenant? From an easement?
What will be an ideal response?
At common law, a profit was a right to remove items from the soil. Today, profit has been replaced by the license, which is a privilege to use the land for any specific profit making purpose, not limited taking from the soil. Where easements are permanent in that they run with the land, a license is personal and temporary. Subsequent buyers of the license have no assurance that the owner of the property will continue the license.
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When providing the factual background in an internal legal memorandum, you should?
A. ?omit facts that are unfavorable to the client. B. ?include irrelevant law information to make the facts section look more impressive. C. ?use lots of legalese. D. ?present an objective summary of key facts.
According to the text, which of the answers below is NOT a quality of a leader??
A. ?honest B. ?respectful C. ?visionary D. ?acts conservatively and avoids risks E. ?trustworthy
Organizing is the process of arranging people and physical resources to carry out plans and accomplish objectives. This is typically done by setting policies and creating effective systems.
Answer the following statement true (T) or false (F)
Misrepresentation is defined as
A. a deliberate misstatement of fact. B. an innocent misstatement of fact. C. no misstatement of fact. D. a slight misstatement of fact.