Ellen's Driveway Is Actually on Richard's Land, but in 20

question 4

Multiple Choice

Ellen's driveway is actually on Richard's land, but in 20 years nobody has ever said anything to Ellen about it. When Richard sells his house, a survey shows the problem and the new owner demands that Ellen abandons use of the driveway. Will she have to move her driveway?

• A) Yes, if she does not actually own the land.
• B) Yes, since it is not in her deed.
• C) Not if she used it continuously.
• D) Not if she got permission from Richard.

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Definitions:

Mass Transit

Public transportation systems designed to move large numbers of people efficiently via buses, trains, subways, and other modes of transport.

Price Elasticity

A gauge of the responsiveness of the quantity of a good supplied or sought after to fluctuations in its price.

Equilibrium Point

A state in a market where the supply of goods matches demand, resulting in stable prices and quantities.