Martha gave Hannah the right to purchase her vacant lot for $65,000. Hannah paid Martha $1,200 for this right. Hannah is the :

Jones conveyed his ranch to Brown using a land contract. The ranch was serviced by a mutual water company, and Jones was a stockholder in the company. The stock which Jones owned was appurtenant to the land. Does Brown have to enter into a separate contract for the stock of the mutual water company:

A: Yes, since stock is always personal property and therefore not included in land contracts; B: No, because land in California cannot be sold without water rights; C: Yes, because real property is not always accompanied by water rights; D: No, because the stock was appurtenant to the land and therefore part of the real property and part of the land contract.

Which of the following statements is true regarding direct marketing?

A) Direct marketing is engaged to deliver a long-run response. B) Direct marketing typically uses multichannel distribution system. C) Generally, direct marketing excludes the sales force. D) Direct e-mail has the highest response rate of any other direct marketing method.