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Ksju [112]
2 years ago
6

Due to the subdividing of lots on the lake, Jim's property is surrounded on three sides by Louise's property. The only other bou

ndary is the lake. Jim can only get to his home by driving up Andrea's driveway and behind her lake home to get to his own. How was the easement in this situation created?
Business
1 answer:
Aleks [24]2 years ago
3 0

Answer:

easement was created of necessity

Explanation:

In the situation being described the easement was created of necessity. An easement of necessity refers to the right of an individual to use the property of another due to there being no access to a public right of way to and from the individual's own property, just like in this scenario. Since Jim has no other way of getting to and from his home then he has a necessity of passing through his neighbor's property.

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Answer: C

Explanation:

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For consumers, pizza and hamburgers are substitutes. a rise in the price of a pizza causes ________ in the equilibrium price of
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2 years ago
Darren has the option of investing in either Stock A or Stock B. There is a 45 percent chance that the return on Stock A will be
saw5 [17]

Answer:

15.95 %

16.35 %

Explanation:

Stock A.

Given:

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= 15.95 %

Stock B.

Given:

Return expectation R1 = 45%

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Return expectation R2 = 25%

Probability expectation P2 = 9%

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Probability expectation P3 = 2%

Expected Rate of Return = R1P1 + R2P2 + R3P3.........

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7 0
2 years ago
During a recession, median income falls by 15%. if the demand for grapes falls by 12%, grapes are a(n) _____ good with an income
IgorLugansk [536]
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7 0
2 years ago
UBS buy-side analyst Christopher Dixon is following a mature telecommunications company TFI Inc in 2016. UBS estimates 1.5 for T
Pachacha [2.7K]

Answer:

The required return on equity is 17%.

Explanation:

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3 0
2 years ago
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