This right is an example of an<u> Easement in Gross.</u>
<h3>
What is Easement in Gross?</h3>
An easement in gross is a right provided by one property owner to another to use a property in a specific way.
The rights granted to another person under a vast easement will continue to exist as long as the property owner owns the property.
In other words, easement by gross rights is personal rights that are attached to the beneficiary as a person rather than to the land.
In many circumstances, the gross rights granted are irrevocable for the rest of the property owner's life, as long as the owner retains title to the property.
Thus, A developer grants the right to a local power company to install necessary transmission lines and this is called<u> Easement in Gross.</u>
For more information on<u> Developers</u>, refer to the given link:
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Answer: Shared debt liability
Explanation:
Shared debt liability in this context means that in the case of a default, the owners of the business are personally liable for the debts of the business and so creditors can come for their personal assets to get settlement for the debt.
Both Sole Proprietorships and Partnerships have a shared debt liability with their businesses because if the business defaults on debt and the assets of the business are not sufficient enough to cover the debt, the creditors can come after the personal assets of the sole proprietor or the Partners.
Answer:
B, Identical components that can be used in place of one another in manufacturing
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