Louie subdivides his oceanfront property with a boat ramp and sells several parcels that do not reach the ocean, promising all purchasers use of the boat ramp. Bernie buys one of the parcels. His right to enter Louie's property to reach the boat ramp is
A. an easement by implication.
B. a profit appurtenant.
C. an easement by reservation.
D. a profit in gross.
Answer: A
You might also like to view...
Describe precisely how an activist organization like Greenpeace can act as a reference group. Furnish a specific example of a way in which Greenpeace has influenced an organization
What will be an ideal response?
The two elements that are required to be found guilty of an intent crime are ________ and ________.
A. nolo contendere; res ipsa loquitur B. felony; misdemeanor C. criminal act/actus reus; criminal intent/mens rea D. felony; conspiracy
Short production run tend to result in _________ machine setups.
What will be an ideal response?
Which inventory costing method assumes that inventory costs flow out in the opposite order from which the goods were purchased?
A. Specific identification B. LIFO C. FIFO D. Weighted average