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:

Lowest Terms

The simplest form of a fraction when both the numerator and the denominator are reduced to their smallest possible numbers.

Common Shares

Equity investments representing ownership rights in a corporation, entitling holders to vote on company matters and receive dividends.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest values.

Purchasing Power

The value of currency expressed in terms of the amount of goods or services that one unit of money can buy.