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andrey2020 [161]
4 years ago
6

A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded

municipal airport. In order to be compensated for this loss, the owner could:
A.record a declaration of escheat
B.bring a suit alleging inverse condemnation
C.file a quiet title action
D.assert his right of eminent domain
Business
1 answer:
djverab [1.8K]4 years ago
3 0

Answer:

A residential property is greatly diminished in value because of the constant noise of jets taking off from a recently expanded municipal airport. In order to be compensated for this loss, the owner could:

B.bring a suit alleging inverse condemnation

Explanation:

A law suit is a claim or legal problem taken to a court of law by an individual or organization rather than the authorities for a legal decision to be made. In the case above, the residential property diminished in value after constant noise of jets taking off from a recently expanded municipal airport. The loss in value is as a result of the recently expanded municipal airport and the property owner wants to be compensated for this loss.

In law, there are different terminologies and phrases that have specific meaning, some of them are as follows;

1. Inverse condemnation

Inverse condemnation is a case where a government entity takes private property or influences the value of that private property in one way or another then fails to compensate. In our case, this law suit can apply since the municipal airport is under the jurisdiction of the government and there action of expanding the airport caused a decline in value of neighboring residential property thus they should compensate the owner for this loss. The owner can bring a suit alleging inverse compensation.

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Answer: (B) Design optimization

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Therefore, Option (B) is correct.

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3 years ago
On January 1, 2015, Kinney, Inc., an electing S corporation, holds $5,000 of AEP and $9,000 in AAA. Kinney has two shareholders,
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e. None of the above.

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3 years ago
The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended D
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Answer:

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(b) $36,330

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= Gross Profit - Direct operating expenses

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= $36,330

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(d) Income from operations from the Beagle Division:

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= $51,800 - $27,000

= $24,800

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= $36,330 +  $24,800

= $61,130

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= Total income from operations - General overhead

= $61,130 - $18,160

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The existence of the federal income tax and the welfare system serve as the primary elements of?
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Unemployment benefits are a common example of nondiscretionary fiscal policy. Payments must rise when the number of jobless rises, which occurs during an economic slowdown. When the jobless return to work as the economy improves, the payments must fall.

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