MsRogers Owns a Property Adjoining the Property Owned by Mr

question 71

Multiple Choice

Ms.Rogers owns a property adjoining the property owned by Mr.Cartworth.Since her house lies behind that of Mr.Cartworth's, Ms.Rogers' driveway passes through his property.
-Which of the following would be true if Mr.Cartworth were to sell his property?

• A)The new owner is not obliged to let Ms.Rogers use her present driveway.
• B)The new owner cannot cancel Ms.Rogers' nonpossessory interest in form of the driveway.
• C)Ms.Roger's can only use the driveway if Mr.Cartworth has made an express request to the new owner allowing it.
• D)Ms.Roger's would be required to procure for a license to use the driveway.

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Definitions:

Standard

A benchmark or guideline used to measure or set the quality, quantity, or value of products or processes.

Variable Overhead Efficiency Variance

The difference between the actual level of activity (direct labor-hours, machine-hours, or some other base) and the standard activity allowed, multiplied by the variable part of the predetermined overhead rate.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual units of production, based on activity levels such as labor hours or machine hours.

Actual Level Of Activity

The real measure of how much work is performed or output is produced in a given period, often compared to planned or standard levels of activity.