The Kapinskis owned and occupied lot 18 from 1935 to 1950 in a state in which the adverse possession period is 25 years. In 1950, the lot was conveyed to the Wyroskis. The Laurins purchased lot 19 in 1954. The lots were the sites of summer homes. A row of lilac bushes had always marked the boundary between lots 18 and 19, and the Kapinskis and Wyroskis put in and maintained a lawn and flower bed
that bordered the lilacs. A boathouse for lot 18 was also located next to the lilac bushes. The boundary line as marked by the lilac bushes was incorrect and the bushes were actually located on the Laurins' lot. The result was that the incorrect boundary expanded the size and boundaries of the Wyroski lot. In 1961, the Laurins bought an action to quiet title. ?The Kapinskis:
A)?Have not owned the property long enough to satisfy the adverse possession requirement.
B)?Have satisfied the adverse possession requirement because their possession was continuous.
C)?Have not satisfied the adverse possession requirement because their possession was not intentional.
D)?Have owned the property long enough to establish adverse possession through tacking
D
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Samuel and Darci are partners. The partnership capital for Samuel is $50,000 and for Darci is $60,000 . Josh is admitted as a new partner by investing $50,000 cash. Josh is given a 20% interest in return for his investment. The amount of the bonus to the old partners is
a. $0 b. $18,000 c. $8,000 d. $10,000
The control plan independent validation of vendor invoice is directed primarily at which of the following control goals?
a. select a vendor who will provide the best quality at the lowest price by the promised delivery date b. input validity c. input accuracy d. input completeness
Rationalized retailing and prototype stores are most likely to be used by _____
a. chains and franchises b. off-price chains c. warehouse stores d. factory outlets
Estimable Builders, Inc., contracts with Beach Investment Company to build a Cool Juice 'n Fruit stand near Divers' Beach. The work is to begin on April 1 and be done by June 1, so that the stand can open for the summer. Estimable does not finish until June 14. The stand opens but Beach Investment loses two weeks' early summer sales due to the delay. Is Beach Investment's duty to pay for the construction of the stand discharged?
What will be an ideal response?