Discuss whether ownership of land includes the air, water and mineral rights associated with the land
What will be an ideal response?
Any concept of land obviously includes the surface of the land, but legally, more is included. The landowner is entitled to the airspace above the land, extending to the atmosphere. Ownership of land also includes water rights, the legal ability to use water flowing across or underneath one's property. Water rights, however, are somewhat restricted, in that one cannot divert water flowing across the property in such a manner as to deprive landowners downstream of the use of water from the stream. Ownership of land usually also encompasses the land below the surface, including mineral rights, the legal ability to dig or mine the minerals from the earth. These mineral rights, however, may be sold or given to someone other than the person who owns the surface of the land.
You might also like to view...
The extent to which a scale produces consistent results if repeated measurements are made on the characteristic is called ________
A) reliability B) validity C) accuracy D) efficiency E) substantiality
Market niching is profitable because the company ________
A) copies or improves on the leader's products and programs, usually with much less investment B) bears the cost of developing new products and markets, expanding distribution, and educating the market C) knows the needs of the target customer segment better than other firms that casually attempt to sell to the same segment D) either keeps its manufacturing costs and prices low or its product quality and services high E) can achieve economies of scale much faster by selling the same product to the global market
If a business is considering the option of processing its product further, it ignores the ________.
A) additional costs necessary to process further B) additional revenue that can be earned if processed further C) cost that is required to produce the basic product before processing further D) fact that additional processing will produce any environmental toxins
After investigating a violation, an administrative agency must always use formal procedures to resolve the matter
Indicate whether the statement is true or false