In Hearts Bluff Game Ranch v. U.S., Hearts purchased a large piece of land that the Army Corps said could be used as mitigation property for wetlands purposes. Later, the state of Texas announced it was building a water reservoir that would put Hearts under water, so it could no longer be used for wetlands mitigation. Hearts sued for uncompensated taking as the property was more valuable for
mitigation than under a reservoir. The appeals court held that the state of Texas would have to pay the value of the land as wetlands mitigation property when it bought it for use as a reservoir.
a. True
b. False
Indicate whether the statement is true or false
False
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In consumer-goods market testing, the company seeks to estimate four variables. These four variables are: trial, first repeat, adoption, and ________
A) guaranteed response B) price sensitivity C) purchase frequency D) usage convenience E) preferential treatment
Which of the following is NOT one of the steps in the rational problem-solving approach?
a. Define the problem b. Encourage group polarization. c. Generate alternative solutions d. Make a decision
Explain the primary goals of the American Federation of Labor.
What will be an ideal response?
[The following information applies to the questions displayed below.]Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,900,000. Harding paid $350,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $374,000; Building, $1,100,000 and Equipment, $726,000.Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,000,000 units over its 5-year useful life and has a salvage value of $34,000. Harding produced 265,000 units with the equipment by the end of the first year of purchase. Which amount below is closest to the amount Harding will record for depreciation
expense for the equipment in the first year? A. $193,450 B. $165,890 C. $125,200 D. $157,145