Answer:
Adverse possession.
Explanation:
In this scenario, Lisa lives next to a vacant plot that belongs to Carol. Carol has never visited the plot in the last 20 years during which period, Lisa has taken care of it by fencing the plot and mowing the grass. If this continues, Lisa will be able to claim ownership of land based on adverse possession.
In Real estate law, Adverse possession is a legal principle which allows a non-owner individual to possess a piece of land and gain title with the exclusion of the real owner, after a certain period of time.
However, the non-owner occupant must proof to the court of law meets the following requirements;
1. Continuous.
2. Hostile.
3. Open.
4. Actual.
5. Exclusive.
Answer: The Production Possibilities Curve (PPC) is a model that captures scarcity and the opportunity costs of choices when faced with the possibility of producing two goods or services. Points on the interior of the PPC are inefficient, points on the PPC are efficient, and points beyond the PPC are unattainable.
Answer:
6.01%
Explanation:
We use the RATE formula to determine the yield to maturity that is shown in the attachment
Given that,
Present value = $1,126
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 9% = $90
NPER = 5 years
The formula is shown below:
= Rate(NPER,PMT,-PV,FV,type)
The present value come in negative
Therefore, the yield to maturity is 6.01%
The Well-conceived policies and operating procedures facilitate good strategy execution by:
- They provide top-down guidance regarding how things need to be done.
- They help ensure consistency in how execution-critical activities are performed
- They promote the creation of a work climate that facilitates good strategy execution.
<h3>What is the use of
Well-conceived policies?</h3>
This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm
Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.
Read more about firm policies
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