Choose the One Most Appropriate Answer for Each

question 32

Multiple Choice

Choose the one most appropriate answer for each.
-compensation for the loss in market value that results from splitting up a property in condemnation proceeding

• A)allodial system
• B)chattel
• C)common law
• D)community property
• E)consequential damages
• F)deed restrictions
• G)easement
• H)eminent domain
• I)encroachment
• J)encumbrance
• K)fee simple
• L)feudal system
• M)freehold estate
• N)homestead protection
• O)lessor
• P)life estate
• Q)periodic tenancy
• R)police power
• S)property taxes
• T)severance damages

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Definitions:

Hedonic

relates to or is considered in terms of pleasant (or unpleasant) sensations, often used in the context of consumption experiences that provide pleasure or satisfaction.

Utilitarian

Pertaining to or based on the principle of utilitarianism, which advocates for actions that maximize happiness and well-being for the majority of a population.

Subjective

Based on or influenced by personal feelings, tastes, or opinions.

Valence

In psychology, the intrinsic attractiveness or aversiveness of an event, object, or situation.