Which of the Following Statements About Adverse Possession Is True

question 52

Multiple Choice

Which of the following statements about adverse possession is true?

• A)Adverse possession requires the delivery of a deed.
• B)Adverse possession covers all property,including those owned by federal and state governments.
• C)Adverse possession requires continuous and uninterrupted occupancy of the property.
• D)Adverse possession covers only voluntary occupancy obtained with the express or implied permission of the owner.

---

Definitions:

Stock Dividend

A dividend paid to shareholders in the form of additional shares of stock rather than cash.

Stock Split

A corporate action that increases the number of shares outstanding by dividing each share, which typically reduces the share price.

Par Value

The face value of a bond or the stated value of a share of stock at the time it is issued, typically used in accounting and finance.

Legal Entity

A legal entity is an organization that has legal rights and obligations, including the ability to enter into contracts and loans, sue and be sued, and is required to pay taxes.