If Sam Buys the Fee Simple, Which of the Following

question 27

Multiple Choice

If Sam buys the fee simple, which of the following is true with regard to his rights?

• A) If fumes from the neighbouring processing plant kill his bushes and vegetables, he may be able to sue the neighbour for the tort of trespass.
• B) The maxim "to whomsoever the soil belongs, he owns also to the sky" remains unchanged and is as valid today as ever.
• C) If someone intrudes onto his property, the proper cause of action is to sue for the tort of public nuisance.
• D) In law, he is entitled only to the surface of his property within the boundaries, and not to things attached to the land, such as fences and barns.
• E) He would have the right to all below the surface except those things retained by the Crown in the original Crown grant.

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Definitions:

Annual Dividend

The yearly sum of dividends paid per share by a company to its shareholders.

Required Return

The minimum expected return an investor seeks for holding a particularly risky investment.

Stock Purchase

The act of buying shares of a company through a stock market or directly, granting the purchaser a portion of ownership in the company.

Dividend Policy

The company's policy outlining the timing and size of dividend payments to shareholders.