Positive Easements

question 242

Multiple Choice

Positive easements:

• A) allow the easement holder to go on the estate for certain purposes
• B) do not allow the easement holder to physically go on the estate
• C) prevent the landowner from using the estate in the same way as the easement holder
• D) are issued by the state supreme court
• E) none of the other choices are correct

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Definitions:

High Ratio

A term that may refer to a financial ratio that is significantly above the industry average, indicating a particular aspect of a company's financial health, performance, or risk level.

Retired

Pertains to assets that have been removed from operational use, often due to age or obsolescence.

Unamortized Premium

The portion of a bond premium that has not yet been amortized or expensed over the bond's life, reflecting the difference between the bond's face value and its higher purchase price.

Bondholders

Bondholders are investors or entities that hold bond investments, and thus are creditors to the issuer of the bond, entitled to interest payments and repayment of principal.