Which of the Following Is the Most Effective Way of Preserving

question 7

Multiple Choice

Which of the following is the most effective way of preserving agricultural land, other than outright purchase?

• A) Acquisition of Development Rights
• B) Favorable Tax Treatment
• C) Agricultural Zoning
• D) Phased Growth Plans

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Definitions:

Arbitration Process

A method of dispute resolution where an impartial third party, the arbitrator, makes a binding decision to resolve a conflict.

Contract Terms

The conditions and clauses that make up a formal agreement between two or more parties.

Issue-by-issue Final Offer

A bargaining strategy where each issue is negotiated separately, and final offers are made for each issue rather than a collective final offer covering all points.

Arbitrator

A neutral third party chosen to settle a dispute or interpret contract terms between two other parties, typically outside the court system.