James Owned Real Estate

question 35

Multiple Choice

James owned real estate.He leased the building to two tenants.An insurance agent leased the first floor and a law firm leased the second floor.James later sold the land to Mary,who used the entire building for her business.She discovered that there were hazardous material storage tanks buried in the land.She removed the tanks,and then sued James and the former tenants for the cost of removing the tanks,even though none of them knew the tanks had been there.Which of the following statements is correct?

• A)James and the two tenants are liable.
• B)James is liable to Mary,but the tenants are not.
• C)The tenants are liable to Mary,but James is not.
• D)Neither James nor the tenants are liable to Mary.

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Definitions:

Team Effectiveness

The capacity of a group of individuals to work together efficiently towards achieving their goals and producing high-quality outcomes.

Performance

The act of carrying out or accomplishing an action, task, or function, often measured against known standards of accuracy, completeness, and speed.

Development

The process of growth, progress, or evolution, often aimed at improving capabilities, systems, or structures.

Enabling Conditions

Factors or circumstances that facilitate the achievement of objectives or the implementation of processes.