In Many States, a Subsurface Owner Who Excavates Is Responsible

question 16

True/False

In many states, a subsurface owner who excavates is responsible for any damage that the excavation causes to buildings on the surface.

---

Definitions:

Dollar Amount

The value of a transaction, asset, liability, or equity in terms of currency units.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's earnings, representing a portion of the corporate profits paid out to investors.

Professional Management

The practice of applying specialized knowledge and skills in the administration and management of organizations.

Corporate Form

Corporate form pertains to the organization of a business as a legal entity that is separate from its owners, providing advantages such as limited liability and potential tax benefits.