Which of the following would prevent someone from acquiring land by adverse possession?
A) She lived on the land without the original owner's permission.
B) She was the only person who lived on the land in question.
C) She never had to fight the original owner in order to remain on the land.
D) She lived on it secretly so that the original owner could not find out she was there.
D
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A coal company invest $12 million in a mine estimated to have 20 million tons of coal and no salvage value. It is expected that the mine will be in operation for 5 years. In the first year, 1,000,000 tons of coal are extracted and sold. What is the depletion expense for the first year?
A. $600,000 B. $240,000 C. $60,000 D. cannot be determined from the information provided
A tenancy by the entirety is similar to joint tenancy
Indicate whether the statement is true or false