The City of Calgary Wants to Construct a New Rapid

question 18

Multiple Choice

The City of Calgary wants to construct a new rapid transit line on 17^th Avenue. It requires more land along the road, so it enters into negotiations to purchase the land from the current owners. Some owners refuse to sell. What can it do to acquire the property?

• A) Escheat.
• B) Expropriation.
• C) Injunction.
• D) Specific Performance.
• E) Nothing.

---

Definitions:

Fixed Manufacturing Overhead

Regular, unchanged costs incurred during the manufacturing process, regardless of production volume, such as salaries of permanent staff and rent.

Financial Advantage

The benefit gained in monetary terms from a certain business activity or financial decision.

Fixed Manufacturing Overhead

Costs that do not vary with the level of production, such as rent, insurance, and salaries for managers.

Contribution Margin

What’s left of the sales proceeds once variable expenditures are taken out.