Lee Has an Assortment of Oak Trees on His Land,which

question 54

Multiple Choice

Lee has an assortment of oak trees on his land,which he does not use for any purpose.Marc was able to obtain a profit á prendre with respect to any oak trees on Lee's land.The next day,a new man named Gary came onto Lee's land and began cutting down trees.When Lee angrily questioned Gary,Gary innocently told Lee that Marc had sold him the trees purchased in the profit á prendre,giving Gary rights to harvesting.Which of the following is true?

• A)The rights to extract timber cannot be bought because timber is not considered a mineral.
• B)Gary can only take trees from Lee's land if Marc is present with him.
• C)The profit á prendre that was sold to Marc is an interest in land and,therefore,does not contain any harvesting rights.
• D)Only express easement can grant the rights to harvesting minerals or other sought after materials.
• E)Marc was wrong to sell Gary any sort of rights to the trees,since the timber does not belong to Marc until he harvests it.

---

Definitions:

Economic Theories

A set of principles that explain the workings of and interactions within economies, influencing policies and understanding of wealth distribution.

Balanced Budgets

Financial planning or policy where total revenues are equal to or greater than total expenses within a specific period, preventing deficits.

Feminism

A socio-political movement aiming for the equality of the sexes, especially in terms of rights and opportunities.

New Deal

In response to the Great Depression, President Franklin D. Roosevelt launched a comprehensive program of financial reforms, regulations, and public works in the United States during the 1930s.