Tyro has the right to drive across Ula's land, which is next to Tyro's property, to reach an access road. Tyro's right is

A. an easement appurtenant.
B. an easement in gross.
C. a profit appurtenant.
D. a profit in gross.


Answer: A

Business

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The Nordstrom department store chain emphasizes the great lengths to which it goes in customer service. By enforcing its norms for exceptional customer service, Nordstrom is seeking

A. to clarify role expectations. B. to emphasize the organization's important values and identity. C. to create cohesiveness. D. to help the group survive. E. to help individuals avoid embarrassing situations.

Business

Akao Products uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Akao had an unfavorable efficiency variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?

A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.

Business

Fact Pattern 29-2BGeneral Leasing Company (GLC) buys equipment for use as inventory, borrowing $1 million from Helpful Finance Corporation for a security interest in the equipment. The next day, GLC borrows $500,000 from Interstate Bank, also for a security interest in the equipment. GLC defaults on both loans.Refer to Fact Pattern 29-2B. Suppose that Helpful perfects its security interest when GLC takes possession of the equipment. In that circumstance, the party with priority to the collateral on GLC's default would be

A. GLC. B. Helpful and Interstate proportionately. C. Helpful only. D. Interstate only.

Business

A person who never kills anyone personally, and who never even sees the victim, can, nonetheless be guilty of murder

Indicate whether the statement is true or false

Business