The Legal Term Referred to as Real Property Includes All

question 20

Multiple Choice

The legal term referred to as real property includes all of the following, except:

• A) an unlimited use of the airspace above the property
• B) that which is immovable according to law
• C) the land beneath the surface to the center of the earth
• D) determined by law to be a fixture

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Definitions:

Slope-intercept Form

A way of writing the equation of a straight line in the form y = mx + b, where m is the slope and b is the y-intercept.

Slope

A measure of the steepness or the inclination of a line, defined as the ratio of the vertical change to the horizontal change.

Sales Price

The amount for which a product is sold to the customer, excluding any discounts or taxes.

List Price

The suggested retail price of a product set by the manufacturer, before any discounts or promotions.