Which of the Following Statements Is TRUE

question 60

Multiple Choice

Which of the following statements is TRUE?

• A) A restrictive covenant is a non- possessory interest in land.
• B) An easement and a restrictive covenant are possessory interests in land, but a licence is not.
• C) An easement and a licence are both non- possessory interests in land.
• D) An easement is a non- possessory interest in land, but a profit a prendre is not.
• E) An easement, a licence, and a restrictive covenant all require the existence of dominant and servient tenements.

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Definitions:

Authority

Refers to the right or power assigned to an individual or entity to make decisions, give orders, or control something or someone.

Reimbursement

A repayment for money spent or losses incurred, often from one party to another as compensation.

Independent Contractor

An individual or entity contracted to perform work for another entity as a non-employee, responsible for their own tax obligations and not subject to the hiring entity’s control over how the work is performed.

Contract Authorization

The process or act of giving official or legal approval to a contract, enabling it to be valid and enforceable.