Which of the Following Was the Result in Omni Holding

question 12

Multiple Choice

Which of the following was the result in Omni Holding and Development Corp.v.C.A.G.Investments Inc.,the case in the text involving whether the plaintiff abandoned personal property following the court's order that it remove itself from the property?

• A)That because no affirmative statement,either orally or in writing,was made expressing the plaintiff's intent to abandon the property,it would not be considered abandoned.
• B)That because no affirmative written statement expressing the plaintiff's intent to abandon the property was made,it would not be considered abandoned.
• C)That the plaintiff had sufficient time to remove the property once the court issued its writ of possession,the property was considered abandoned.
• D)That regardless of the intent of the plaintiff,the property was considered abandoned based on the amount of money the plaintiff owed to the defendant.
• E)That regardless of the intent of the plaintiff,the property was considered abandoned based on the fraud committed by the plaintiff as to the defendant.

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Definitions:

Total Output

The total quantity of goods or services produced by a firm, industry, or economy in a specific period.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit.

Average Total Cost

The total cost of production divided by the total quantity produced, representing the cost per unit of output.

Average Variable Cost

The per-unit variable cost of production, calculated by dividing total variable costs by the quantity of output produced.