Which of the Following Deed Covenants Run with the Land

question 19

Multiple Choice

Which of the following deed covenants run with the land and are enforceable by any owner of the land?

• A) covenant of quiet enjoyment
• B) covenant of further assurance
• C) covenant of warranty
• D) all of the above

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Definitions:

Profit Maximization

A method used by firms to determine the best output and price levels in order to achieve the highest profit.

Marginal Revenue

The additional revenue that a company receives from selling one more unit of a good or service.

Output Effect

The impact on total production and revenue when a firm alters the quantity of output produced, holding other factors constant.

Monopolist's Profit

The excess earnings a monopolist achieves due to the lack of competition, allowing for pricing above marginal cost.