Andre Has Permission to Use Pauline's Driveway to Drive to the Back

question 33

Multiple Choice

Andre has permission to use Pauline's driveway to drive to the back part of Andre's corner lot. This interest would be considered a(n) ________.

• A) Leasehold
• B) Profit
• C) Easement
• D) Fixation
• E) License

---

Definitions:

Very Elastic

Refers to a situation in which the demand or supply for a product changes significantly in response to price changes, indicating high sensitivity.

Elastic Demand Curve

A demand curve characterized by a high sensitivity of quantity demanded to changes in price, indicating that a small price change results in a large change in quantity demanded.

Heating Oil

A low viscosity, liquid petroleum product used as a fuel for furnaces or boilers in buildings.

New Automobile

A recently manufactured vehicle intended for personal transportation, featuring the latest technology and design.