Terri bought a chandelier at the store, drove it home, and installed it to the...
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Accounting
Terri bought a chandelier at the store, drove it home, and installed it to the ceiling with bolts, glue, cement, and extensive wiring. Would the chandelier be considered a fixture? Circle or highlight all correct answers.
A. Yes B. No
Cathy has lived in apartment 7C at Ocean View Towers for a little over 6 months. Which of the following assertions are true if Cathy was supposed to vacate the property last week. Circle or highlight all answers that could be correct.
A. Cathy used to have tenancy for years and now has tenancy at sufferance B. Cathy used to have tenancy at sufferance and now has tenancy for years C. Cathy used to have tenancy at will and now has tenancy at sufferance D. Cathy used to have tenancy at sufferance and now has tenancy at will E. None of the above assertions is correct
Which assertion are true if a water tower cannot be built on property A because it would obstruct the view of the mountains from property B?
A. A is the dominant property and B is the servient property B. B is the dominant property and A is the servient property C. A is the senior property and B is the junior property D. B is the senior property and A is the junior property E. None of the above assertions is correct
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