In Powell V

question 358

Multiple Choice

In Powell v.Washburn,where Powell sued the developer of a planned community he lived in for changing the covenants,conditions,and restrictions (CC&Rs) to allow recreational vehicles as residences in the development,the Arizona high court held that:

• A)unless otherwise stated,the developer had the right to change the CC&Rs at any time
• B)the developer could change the CC&Rs only if he got permission from a majority of land owners
• C)the CC&Rs would be read to give effect to the intent of the parties,which was not to allow other kinds of residences in the development
• D)the CC&Rs would be read to promote the intent of the legislature of allow flexibility in housing,which means the developer could make the changes he proposed
• E)none of the other choices

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Definitions:

Purchases Journal

A specialized accounting journal used to record all purchases of goods and services on credit.