What Is a Profit-à-Prendre

question 62

Multiple Choice

What is a profit-à-prendre?

• A)a document that grants a person the right to remove something from another's real property
• B)a form of insurance obtained for losses caused by undiscovered defects in real property title
• C)a judicial proceeding where a certificate of title is awarded to the real owner to property
• D)a type of easement that grants a person a right to use another's land but disallows the usage of any personal property

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Definitions:

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates the stock is more volatile than the market.

Unsystematic Risk

The type of risk that is specific to a company or industry, which can be minimized through diversification.

Economic Slowdown

A period of reduced economic activity characterized by lower GDP growth, decreased consumer spending, and higher unemployment rates.

Lawsuit

A legal action brought by one party against another, typically in a court of law.