Company A and Company B own adjacent pieces of land. The companies own the full bundle of rights in their respective properties. Company A digs a mine that starts on its own property but extends, below ground, across the property line. If Company A finds minerals below Company B's surface property, it may mine and use the minerals for its own use because it has not gone onto or disturbed Company B's property.
Answer the following statement true (T) or false (F)
False
Company A may not mine under Company B's property. Company B owns the full bundle of rights, which includes subsurface rights. Subsurface rights may be severed from the bundle of rights owned by the landowner and sold to a third party, but this is not the case with Company B's property.
You might also like to view...
Costs of decentralization include all of the following except
a. more elaborate accounting control systems. b. potential costs of poor decisions. c. additional training costs. d. slow response time to changes in local conditions.
When considering the organizational components of the Living Code of Ethics, ______ must integrate with living code of ethics in the day-to-day operations of the firm.
a. The socialization process b. The decision-making process c. Reward systems d. Organizational learning
One of the senior partners in the firm says that he has a niece he thinks would be a good fit for an internship with the firm this summer
The partner, Ronald, says that his niece, Charlotte, is a kid with great potential as a lawyer. However, Ronald believes that a human resource professional such as Bruce should also interview her to help determine his suitability for the firm. As part of the screening, Bruce conducts an Internet search and finds out that a few years ago, Charlotte ran a red light and severely injured a bicycle rider. How should Bruce deal with this situation? A) Go through the motions of interviewing Charlotte, and then report back to Ronald that she appears to have a "teenage brain," but provide no specific explanation. B) Advise Ronald of the Internet search findings, and ask if Charlotte should still be interviewed for the summer internship. C) Not advise Ronald about the findings for fear of irritating and perhaps getting in bad with him. D) Discuss his findings about the vehicular accident with several other people in the office, and ask their opinion on how he should proceed.
New entry is among the most common reasons why a cycle of competitive actions and reactions gets started among similar competitors.
Answer the following statement true (T) or false (F)