Which of the Following Statements About Easements and the Statute

question 35

Multiple Choice

Which of the following statements about easements and the statute of frauds is false?

• A)Express easements must be in writing to be enforced.
• B)Easements by necessity are enforceable despite the lack of a writing.
• C)Easements by prior use must be in writing to be enforceable.
• D)An express easement has the same formality requirements of the granting of a fee simple interest.

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Definitions:

Revenues

The entire sum of earnings resulting from the sales of products or services central to a business's primary functions.

Office Supplies

Tangible items used in an office environment for daily operations, such as pens, paper, and staplers.

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock, plus retained earnings and minus the company's treasury stock.

Contra Asset

An account on a company's balance sheet that offsets or reduces the balance of a related account.