Law > EXAM > BUS110-81195 Bus Law Legal Environment, Quiz 5 (Module 9-10) (Remotely Proctored) (All)

BUS110-81195 Bus Law Legal Environment, Quiz 5 (Module 9-10) (Remotely Proctored)

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Quiz 5 (Module 9-10) (Remotely Proctored) Due Nov 3 at 11:59pm Points 25 Questions 25 Available Oct 21 at 12am - Nov 3 at 11:59pm 14 days Time Limit 60 Minutes Instructions  Correct answers wil... l be available Nov 4 at 12am - Nov 10 at 12am. Score for this quiz: 24 out of 25 Submitted Oct 27 at 9:01pm This attempt took 60 minutes. Quiz 5 contains questions from Chapters 33-38. 10/27/2019 Quiz 5 (Module 9-10) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment https://coastdistrict.instructure.com/courses/57676/quizzes/237527 2/12 Ques 1 / 1 pts tion 1 Zheng has her house built on the border of a public watercourse in a state that follows riparian rights theory. It can be said that she: is entitled to have the water body maintained in its natural state by other owners. is entitled to use the water for any purpose she may require. is not entitled to use any water without obtaining an approval from a court of law. is entitled to use only as much water as was used by the previous owner of the land. is entitled to divert all the water for her personal and professional use so as long as she is the first one to do so. Ques 1 / 1 pts tion 2 The remainderman is the person who becomes the owner when a life estate terminates. True False 10/27/2019 Quiz 5 (Module 9-10) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment https://coastdistrict.instructure.com/courses/57676/quizzes/237527 3/12 Ques 1 / 1 pts tion 3 A(n) _____ is granted independent of the easement holder's ownership or possession of land. positive easement negative easement easement in gross dominant tenement servient tenement Ques 1 / 1 pts tion 4 Toni asked Adler, a real estate broker, exclusive agency to sell her farm house, and promised to pay 5% commission on the sale. Toni's friend, Deena, approached her to buy the farm house at $100,000 on 24 Nov 2010 and Toni decided to sell the farmhouse to Deena, entering into an agreement. On 1 Dec 2010 Alder found a buyer for the farmhouse who was ready to purchase the farmhouse at $105,000. However, the sale could not take place due to the prior agreement with Deena. What commission is Alder entitled to receive for this job? th st Zero dollars, because Toni had found the buyer. 5% of $100,000 i.e. $5,000. 5% of $105,000 i.e. $5,250. Half of 5% of $100,000 i.e. $2,500. Half of 5% of $105,000 i.e. $2,725. 10/27/2019 Quiz 5 (Module 9-10) (Remotely Proctored): BUS110-81195 Bus Law/Legal Environment https://coastdistrict.instructure.com/courses/57676/quizzes/237527 4/12 Ques 1 / 1 pts tion 5 A condominium refers to a form of housing involving two elements of ownership. They are the: dominant tenement and the servient tenement. easement and the tenement. living space and the common space. community property and the separate property. restrictive covenant and eminent domain. [Show More]

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