An Easement Can Be Created by Prescription

question 62

True/False

An easement can be created by prescription.

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Definitions:

Accounting Records

Documents and books that systematically record financial transactions of a business for accounting and audit purposes.

Outstanding Checks

Checks issued by a company that have not yet been cashed or cleared by the bank.

Bank Reconciliation

The procedure of aligning the balances found in an organization's financial records for a cash account with the similar data on a bank statement.

Recorded Incorrectly

Refers to transactions or entries that have been documented in an erroneous manner within the financial records.