Termination of an Easement Appurtenant May Be Accomplished

question 15

Multiple Choice

Termination of an easement appurtenant may be accomplished

• A) by the servient tenement when he has another use for the land.
• B) when the purpose of the easement no longer exists.
• C) by a court of law when no longer used.
• D) unilaterally by the holder of the servient tenement.

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Definitions:

Retained Earnings

The part of net profits that is not distributed as dividends but is kept by the firm to reinvest in its fundamental operations or to settle debts.

Common Stock

Equity ownership in a corporation, with voting rights and the potential for dividends.

Retained Earnings

The part of net profits not allocated for dividend distribution but held back by the firm for the purposes of reinvesting in its main business or settling debts.

Dividends Paid

The portion of a company's earnings that is distributed to its shareholders as a payment, typically in the form of cash or additional shares.