Identify Each of the Following Acts as Representing Either Saving

question 22

Essay

Identify each of the following acts as representing either saving or investment.
a.Pieter uses some of his income to buy government bonds.
b.Julie takes some of her income and buys mutual funds.
c.Alex purchases a new truck for his delivery business using borrowed funds.
d.Thato uses some of his income to buy stock in a major corporation.
e.Lerato hires a builder to construct a new building for her bicycle shop.

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Definitions:

Easement Appurtenant

A right that runs with the land, allowing one property owner to use another's property for a specific purpose.

Easement by Prescription

A right to use another's property, acquired through continuous and open use over a period of time without the owner's explicit permission.

Tract of Land

A specific area of land, possibly defined by boundaries or usage in legal, commercial, or geographical contexts.

Zoning Ordinance

A law by local governments regulating the use and development of property within specific areas.