Which of the Following Is an Example of an Affirmative

question 28

Multiple Choice

Which of the following is an example of an affirmative easement appurtenant?

• A) A driveway easement across one parcel to another.
• B) A sunlight easement.
• C) Right of way for a railroad.
• D) Conservation easement.

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Definitions:

Contributed Shares

Shares issued to investors or others as part of the equity financing of a company, represents part of the capital contributed by the shareholders.

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and stockholders' equity at a specific point in time.

Stock Split

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the shares remains the same.