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just olya [345]
2 years ago
10

Edison sold his land with an easement appurtenant for a road. the deed to the buyer contained an adequate description of the lan

d, but it failed to make reference to the easement. the buyer:
Business
1 answer:
Zinaida [17]2 years ago
4 0
The buyer takes title to a landlocked property.

Easement <span>appurtenant is defined as an easement that benefits one parcel of land, known as the dominant tenement, to the detriment of another parcel of land, known as the servient tenement.

The property having an easement appurtenant is a landlocked property. It means that in order to have access on the property, one must go through a road that is owned by another that holds the servient tenement.  

Even though Edison failed to disclose about the easement appurtenant, the buyer can still have easement appurtenant on the road. This is because the easement appurtenant is attached to the land and is automatically transferred to the new owner once the land is sold. </span>
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The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $
jarptica [38.1K]

Answer:

A) change in the cost of eating index = <u>20% increase</u>

B) Suppose that consumers are completely indifferent between two chickens and one ham. For this example, how large is the substitution bias in the official "cost-of-eating" index?

The <u>INCREASE</u> in the cost-of-eating index is <u>18</u> %.

The <u>OVERESTIMATE</u> of inflation in the cost of eating reflects substitution bias.

Explanation:

2015

product               units              unit cost               total

chickens              30                      $4                   $120

hams                    10                      $5                     $50

<u>steaks                  10                      $8                     $80</u>

total                                                                       $250

2016

product               units              unit cost               total

chickens              30                      $5                   $150

hams                    10                      $7                     $70

<u>steaks                  10                      $8                     $80</u>

total                                                                       $300

A) ($300 - $250) / $250 = 20%

B)

if consumers are indifferent for 2 chickens per 1 ham, then the new basket should be assuming consumers will purchase the cheapest option:

2016

product               units              unit cost               total

hams                    25                      $7                   $175

<u>steaks                  10                      $8                     $80</u>

total                                                                       $255

the increase in inflation would have been = ($255 - $250) / $250 = 2%

the substitution bias = reported inflation - real inflation = 20% - 2% = 18%

8 0
2 years ago
The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their
Sidana [21]

The ability of an organization to produce services that, by utilizing the consumer's five senses, have some uniqueness in their characteristics is experience differentiation.

Explanation:

Experience-based differentiation (EBD) which we describe as: a continuously loyalty-building systematic response to customer interaction. Don't linger on the word too much.

Organisations must pursue a multi-year path to achieve with EBD. This is why organisations will make this is one of every top business initiatives. In the financial sector, education and travel sectors we foresee EBD to make rapid progress.

WACOAL DIA, a luxury brand of WACOAL, is an example of marketing by which expertise in the procurement process has been improved.

5 0
2 years ago
When a development team is having trouble delivering a working increment because they don't understand a functional requirement?
Aleksandr [31]
If a developmental team is having trouble delving a working increment because they don't understand a functional requirement, they should work with the product owner so that can get better clarification on how the product works. If the developmental team continues to have problems, it is likely the result of the product that has functional issues. 
8 0
2 years ago
The prospects for many types of jobs are ____ as automation progresses from manufacturing to clerical and retail jobs. Select on
Bingel [31]

Answer:

Poor

Explanation:

Automation has made certain jobs redundant and machines can now carry out most of the functions  usually carried out by labour. As a result, the prospects for many types of jobs is low

3 0
2 years ago
Which of the following is a key performance indicator of the customer perspective in a balanced​ scorecard? A. employee satisfac
Westkost [7]

Answer:

A key performance indicator of the customer perspective in a balanced​ scorecard is option C. number of repeat customers

Explanation:

A Key Performance Indicator (KPI) is a measurable value used to demonstrate how effectively a company is achieving key business objectives.  

Organizations use KPIs to analyze their success rate.

The customer perspective within the balanced score card enables organizations to target the market segments to prioritize.  Once they have done that, they focus developing strategies that maximizes customers’ utility and bring sin good profit to the organization.

Before now, Balanced Scorecard tilted towards product performance and technology innovation to be the backbones of business success. However, customer behavioral trends have gradually emphasized the necessity for understanding what customers need.

Therefore the number of repeat customers is a KPI of the customer perspective in a balanced score card.

7 0
2 years ago
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