Which of the following statements is true about easements?
A) One who has an easement is entitled to exclude all others, including the property owner for the period of the agreement.
B) One who has an easement is entitled to use the property for any legal purpose that does not destroy the property's value.
C) An easement by prescription arises when the landowner enters into a contract to allow the land to be used for a specific purpose.
D) An easement by necessity arises when a piece of property is divided and, as a result, one portion is landlocked.
D
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A coal mine cost $1,003,000 and is estimated to hold 50,000 tons of coal. There is no residual value. During the first year of operations, 6,000 tons are extracted and sold. Calculate depletion per unit. (Round your answer to the nearest cent.)
A) $10.03 B) $5.02 C) $20.06 D) $15.04
If the components in an organization's environment exhibit minimal change, such an environment is said to be ________
A) volatile B) dynamic C) stable D) simple