Unit 2 Quiz Flashcards
Unit 2
Personal property generally includes
A bookstore rents space in a commercial building. The bookstore has large reading tables fastened to the walls and bookshelves bolted to both the ceiling and the floor that create aisles from the front of the store to the back. These were all installed by the bookstore owner. Which of the following BEST characterizes the contents of the bookstore?
The Term nonhomogeneity refers to
Uniqueness
Another term for personal property
Chattels.
A property owner wants to use water from a river that runs through the property to irrigate a potatofield. To do so, The owner is required by state law to submit an application to the Department of Water Resources describing in detail the plan for beneficial use of the water. If the department approves the owner’s application, it will issue a permit allowing a limited amouint of river water to be diverted ontothe property . Based on these facts, it can be assumed that this property owner’s state relies on which rule of law?