In 2004,Ned Bought Two Hectares in Richmond

question 90

Multiple Choice

In 2004,Ned bought two hectares in Richmond.In 2014,he subdivided the property,keeping Lot A for himself and selling Lot B to Weerdt.Ned also retained a right of way along one side of Lot B to permit access to the road.Another term of the contract required Weerdt to plant a row of poplar trees along the boundary with Lot A within two months of the sale.Both covenants were registered.Weerdt took possession and soon built a small motorcross course near Ned's lot where he and his friends practised on their unmuffled dirt bikes,during which times Ned was unable to use his backyard because of the noise.Weerdt hauled the cycles around in his truck,which he often parked either on Ned's property or in the right of way,blocking Ned's passage.Weerdt never did plant the trees.Based on these facts,which one of the following is false?

• A)Ned could sue Weerdt for the tort of nuisance.
• B)Ned could secretly place strips of spikes on his property to deflate the tires of those who trespassed on his property.
• C)Ned could ask for an injunction as a remedy.
• D)Ned could sue Weerdt for interference with his right of way.
• E)Ned could sue Weerdt for breach of contract.

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Definitions:

Short-term Investments

Investments that are easily convertible into cash, typically within five years or less, used to generate income on surplus funds.

Recognition

The formal acknowledgment in accounting that a transaction or event has occurred and should be recorded in the financial statements.

Government Bonds

Debt securities issued by a government to support government spending and obligations, often seen as low-risk investments.

Interest Payment Dates

The specific dates on which interest payments are made to bondholders or lenders during the life of a bond or loan.