An easement granted through an express agreement is:
A. required to be in writing to be enforceable.
B. enforced no differently than an implied easement.
C. not executed with the same formality as a grant of a fee simple interest in real property.
D. not covered by the statute of frauds.
Answer: A
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While holding formal negotiations with Cible Department Store, Croustilles-Lay representatives can negotiate:
A. what would be done with the products that cross their expiry date. B. delivery schedules. C. the location of point-of-purchase displays of Croustilles-Lay products. D. how frequently the snacks would be restocked on store shelves. E. all of these.
Except in the case of qualifying accelerated death benefits, if a life insurance policy is sold or surrendered for a lump sum before the death of the insured, the amount received is taxable to the extent it exceeds the premiums paid.
Answer the following statement true (T) or false (F)
An accounting change that requires the retrospective approach is a change in
a. the life of equipment from five to seven years. b. depreciation method from straight-line to double-declining-balance. c. he percentage used to determine the allowance for bad debts. d. the specific subsidiaries included in consolidated financial statements.t
Which of the following statements is true about overhead?
A) Overhead costs are not incurred uniformly throughout the year. B) Overhead costs have a definite, identifiable relationship with units produced. C) Low production in one month would give rise to low unit overhead costs. D) All of these are true. E) None of these is true.