Under the UCC, the meaning of any agreement must be interpreted in light of commercial practices

Indicate whether the statement is true or false

True

Business

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An owner divides a parcel into several lots, one of which is completely surrounded by other lots and has no street access. Which of the following is true?

A) The municipality must construct a street to create access. B) The owner must create an easement by condemnation to provide access. C) An easement by prescription should be granted. D) An easement by necessity should be created for the landlocked parcel.

Business

The more an organization knows about a media outlet, the

A) more successful the organization will be in receiving coverage by that outlet. B) more likely the organization will purchase advertising time through that outlet. C) less the organization will have to rely on its public relations staff. D) less effective the organization will be in cultivating the outlet as a connector. E) more likely the outlet will ignore communications issuing from the organization.

Business