Objects That Are Attached to the Land or a Building

question 39

Multiple Choice

Objects that are attached to the land or a building but are distinguished from the land itself are called

• A)chattels.
• B)accessories.
• C)additions to land.
• D)fixtures.
• E)fixings.

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Definitions:

Horizontal Market

A market that appeals to a wide range of consumers across different industries or sectors.

Contestable Market

A market with no barriers to entry or exit, where a company's prices and output are constrained by the threat of new entrants or competition rather than by existing competitors alone.

Public Interest Theory

A theory suggesting that regulations are created in response to the public's demand for fair and efficient markets.

Industrial Regulation

The older and more traditional type of regulation in which government is concerned with the prices charged and the services provided to the public in specific industries. Differs from social regulation.