Hal Divelbiss owned a corner lot located next to an elementary school. Children from the neighborhood cut across the lot diagonally as they were walking to school. The children did so with such frequency that there was a visible path across Hal's property. The children had been using the path since the school opened in 1971. On December 1, 2000, Hal placed a fence around the perimeter of the lot
and the children could no longer use their well-established short cut. The school and the children:
A) Have acquired an easement by prescription.
B) Have acquired an easement by necessity.
C) Have an irrevocable license.
D) Have no rights to the path.
D
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Financial statements prepared using generally accepted accounting principles:
a. use historical costs and are not adjusted for the effects of increasing prices. b. use historical costs and are adjusted for the effects of increasing prices. c. use market–based costs and are not adjusted for the effects of decreasing prices. d. use market–based costs and are adjusted for the effects of increasing prices.
Many states prohibit a seller from disclaiming implied warranties in the sale of consumer goods
a. True b. False Indicate whether the statement is true or false
As per the ________, the entity will remain in operation for the foreseeable future
A) economic entity concept B) monetary unit assumption C) going concern assumption D) cost principle
The first step in enhancing customer participation in service delivery is to manage the customer mix, beginning with an assessment of the compatibility of segments.
Answer the following statement true (T) or false (F)