Answer:
Yes, the landowner should prevail and win the lawsuit.
Explanation:
The agreement between the landowner and his neighbor was recorded in the county's recording office, therefore this gave constructive notice about the agreement to any potential buyer of the property.
Since the original driveway owners agreed to mutually maintain the driveway, the burdens and benefits of the recorded agreement will apply to successive owners of the land.
First of all you need to get the knowledege about previous as you only a database administrator.
Answer:
A) a $50,000 ordinary loss and $70,000 LTCL
Explanation:
given data
Brown stock = $30,000
stock basis = $150,000
time = 3 year
solution
we know that here stock is Section 1244 stock and original owner is Amy
so
first loss is for single individuals is = $50000
and this loss is treated as a ordinary loss LTCL because stock held more than 12 month
remaining amount = 70000
and we know it take here time 3 year
so total loss realized is
total loss realized $50000 + $70000
total loss realized = $120000
so correct option is A) a $50,000 ordinary loss and $70,000 LTCL
Sarah is demonstrating a critical thinking. Critical
thinking can be defined as the awakening of intellect to study itself. It is
also the ability to think and analyze fasts to form a judgement. Critical
thinking also refers as the ability to think clearly and rationally regarding
what to do and what to believe.