The Term ______ Rights References the Right to Enter onto Property

question 30

Multiple Choice

The term ______ rights references the right to enter onto property to remove the underground materials.

• A) Subsurface
• B) Underground
• C) Earth
• D) Terrestrial
• E) Subterrestrial

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Definitions:

Contractual Arrangement

An agreement between parties that is enforced by law, specifying the duties and rights of each party.

Parent Company

A corporation that owns enough voting stock in another company to control management and operations by influencing or electing its board of directors.

Backward Integration

A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain.

Forward Integration

A business strategy where a company extends its operations by moving towards the direct control of its distribution or supply chain further down the production process.