Alexis sells half of her Triple A Ranch land to the Big B Ranch. On the land is a reservoir. In the deed, Alexis retains the right to remove a lim-ited amount of water per day from the res-ervoir. This right is
a. a tenancy at sufferance.
b. a license.
c. an easement.
d. a profit.
d
Business
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Preferred stock is a hybrid-a cross between a common stock and a bond-in the sense that it pays dividends that normally increase annually (like a stock), but its payments are contractually guaranteed (like interest on a bond).
Answer the following statement true (T) or false (F)
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Which of the following is also called a steering committee?
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Business