A Cattle Rancher and a Wheat Farmer Own Adjacent Properties

question 70

Multiple Choice

A cattle rancher and a wheat farmer own adjacent properties that may or may not be separated by a fence.The accompanying table identifies the annual profit received by each party per year in the event there is,or there is not,a fence.If there is no fence,one can be installed and maintained at an annual cost of $25,000. If legal rights are assigned to the wheat farmer so that the cattle rancher is liable for any damage caused by his cattle to the wheat crop,then the

• A) rancher will choose to close his ranch.
• B) farmer will not allow the rancher to stay in business.
• C) rancher will pay to build the fence.
• D) rancher will choose to compensate the farmer for damages.
• E) rancher is indifferent toward building the fence or compensating the farmer for damages.

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Definitions:

Historical Significance

Refers to the importance of an event, place, or person in history due to its impact, consequences, or contributions to broader historical processes.

Bonanza Farms

Large-scale agricultural operations in the United States during the late 19th century that utilized advancements in farming technology and practices to produce massive quantities of crops, particularly wheat.

American Citizenship

The status of being a citizen of the United States, entailing certain rights, duties, and privileges as outlined by the U.S. Constitution and laws.

Chief Joseph

A leader of the Nez Perce tribe who conducted a remarkable retreat in an attempt to lead his people to Canada in 1877 to escape conflicts with the U.S. government.