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Fiesta28 [93]
4 years ago
10

A landowner and his neighbor purchased adjoining undeveloped lots. After both built homes on their respective lots, the landowne

r suggested to the neighbor that a common driveway be built where the two lots joined. The neighbor agreed. The landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. The agreement was recorded in the county recorder's office. Two years later, the neighbor built a new driveway located entirely on his lot. The common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. The landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. Three years later, the neighbor conveyed his lot to a friend. The friend entered into possession and used only the driveway built by the neighbor. By this time, the common driveway had deteriorated badly and contained numerous potholes. The landowner asked the friend to pay half of what it would take to repair the common driveway. The friend refused. The landowner repaired the driveway and sued the friend for 50% of the cost of repairs. Will the landowner prevail?
Business
1 answer:
Karo-lina-s [1.5K]4 years ago
7 0

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.

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lutik1710 [3]
The answer is false because you can always choose another career.

5 0
4 years ago
Merone Company allocates materials handling cost to the company's two products using the below data: Modular Homes Prefab Barns
Lady_Fox [76]

Answer:

Modular homes= $182,325

Explanation:

Giving the following information:

Modular Homes - Prefab Barns

Total expected material moves 500 100

The total materials handling cost for the year is expected to be $218,790.

<u>To calculate the allocated costs to each product line, first, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 218,790/600

Predetermined manufacturing overhead rate= $364.65 per move

<u>Now, we can allocate overhead:</u>

Modular homes= 364.65*500= $182,325

Prefab Barnes= 364.65*100= $36,465

3 0
3 years ago
Inflation is measured by a nation's Gross Domestic Product number.<br><br> True<br><br> False
Alenkasestr [34]

Answer:

True

Explanation:

Just search it up

6 0
3 years ago
Read 2 more answers
Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production
anzhelika [568]

Answer:

The costs of air and water pollution

The value produced by doing your own laundry

The leisure time enjoyed by households

Business spending

decreasing

no change

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.  

Items not included in the calculation off GDP includes:  

1. services rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

6.     pollution

The purchase of the wood from Brazil increase investment spending by businesses and also increases imports. Import is a negative function of net export so net export would decrease.

The increase in investment spending by the business and the decrease in net export would offset each other and there would be no change in GDP

7 0
3 years ago
"Calandra Panagakos works for CIBC Currency Funds in Toronto. Calandra is something of a contrarianlong dashas opposed to most o
Ad libitum [116K]

Answer:

Calandra should buy call on Canadian Dollars on C$ $0.7000 $0.00049

Explanation:

If she is expecting the Canadian dollar to appreciate versus the United States Dollar in the future, she would buy a calla that gives her the right to buy Canadian Dollars at a lower price than hers future cost projection.

8 0
3 years ago
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