Angelina owned a lot near a lake. Although she never had permission from the owner of the adjoining land, each weekend when she camped on her lot she crossed his land to take her boat to the boat ramp at the lake. If Angelina continued this use of her neighbor's land for the number of years required by local statute, she would have
a. created a "profit.".
b. an easement by prescription.
c. a grant easement.
d. a license to use her neighbor's land.
b
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Which of the following is not an example of obvious financial reporting frauds as discussed in the text?
A) Keeping the books open for a few days after the end of the reporting period. B) Transferring assets to an affiliate at more than their actual value. C) Recording as assets expenditures that should have been classified as expenses. D) Recording a liability when title to merchandise passes to the purchaser.
What is the Classification Act of 1923?
What will be an ideal response?
Jeniffer, a supervisor of a customer service team, is concerned about Mark's performance. She decides to talk to Mark and schedules a meeting with him. If Jeniffer is using the directive counseling approach, which of the following should be Jeniffer's first step?
A. She should primarily just listen to Mark. B. She should ask Mark questions about his problem. C. She should propose possible solutions to Mark's problem. D. She should encourage Mark to look for the source of the problem.
The open price term requires a contract to mention a specific price
Indicate whether the statement is true or false