Which of the Following Is an Unlawful and Unenforceable Restrictive

question 59

Multiple Choice

Which of the following is an unlawful and unenforceable restrictive covenant?

• A) a promise to never construct an apartment building on the property
• B) a promise to never sell the land to any person born in China
• C) a promise to always use the land for growing cotton
• D) a promise to never construct a swimming pool on the property

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Definitions:

Marginal Product

The additional output resulting from the use of one more unit of a productive input, holding other inputs constant.

Production Function

An equation that describes the maximum output of a good achieved from a given number of inputs.

Input

The inputs such as labor, materials, or resources utilized in creating products and services.

Convexity

In economics and finance, convexity refers to the shape of the curve that demonstrates how the duration of a bond changes as the interest rate changes.