Which of the Following Statements Is True About Easements

question 52

Multiple Choice

Which of the following statements is true about easements?

• A) One who has an easement is entitled to exclude all others, including the property owner for the period of the agreement.
• B) One who has an easement is entitled to use the property for any legal purpose that does not destroy the property's value.
• C) An easement by prescription arises when the landowner enters into a contract to allow the land to be used for a specific purpose.
• D) An easement by necessity arises when a piece of property is divided and, as a result, one portion is landlocked.

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Definitions:

Subscription Revenue Model

Charging customers to gain continuous access to a product or service.

Continuous Access

Uninterrupted availability or entry to a service, resource, or facility over time.

Direct Cross-Subsidies

Financial strategy where revenue from one product or service is used to support another product or service within the same organization.

Upfront Cost

Initial investment required before starting a project, service, or acquiring a product, often referred to in financial decisions.