After Saving His Money for Years, Taylor Was Finally Able

question 127

Multiple Choice

After saving his money for years, Taylor was finally able to buy property with a small house and a lake. Which of the following is false?

• A) His ownership extends to include fixtures.
• B) Taylor owns all of the area above his land and all of the land below.
• C) Despite the extent of his interest, the Crown can grant the mineral rights to someone else.
• D) Taylor's interest is referred to as a fee simple.
• E) He can sell part of his interest and create a joint tenancy.

---

Definitions:

Glocalization Strategy

The practice of conducting business according to both local and global considerations.

Standardized Restaurants

Establishments that follow a set template or formula in terms of menu, design, and operating procedures, often part of a larger chain.

Differentiating Products

The strategy of making a product or service stand out from competitors by emphasizing unique features or attributes.

Product Positioning

The strategic process of establishing a brand or product in the market to differentiate it from competitors, targeting specific consumer preferences.