Personal Property So Firmly Attached to Real Property That an Interest

question 25

Multiple Choice

Personal property so firmly attached to real property that an interest in it arises under real property law is known as a(n) :

• A)fixture.
• B)tangible property.
• C)intangible property.
• D)None of the above.

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Definitions:

Water Catchment

An area of land where precipitation collects and drains off into a common outlet, such as a river, bay, or other body of water.

Wage Surveys

Studies conducted to gather and analyze data on the wages paid across different jobs, industries, and geographical areas.

Labour Market

Refers to the supply and demand for labor, where employers seek the best individuals for their vacancies and individuals look for their best job opportunities.

Hay Profile Method

A job evaluation technique that analyzes a position based on three major factors: know-how, problem-solving abilities, and accountability, to determine its relative value.