If the owner of a large parcel of property plans to subdivide it, what is the minimum number of parcels that would make the project subject to the Subdivided Lands Law?

A. Two
B. Three
C. Four
D. Five

Answer: D. Five
Explanation: The Subdivided Lands Law applies to most residential subdivisions with five or more lots.

Business

You might also like to view...

Which of the following is true about revenue recognition under ASU 2014-09?

A) The realization principle guides the ASU. B) Construction contracts are typically broken into the various separate goods and services that are included in them for purposes of revenue recognition. C) The time value of money is considered when estimating all transaction prices. D) Collectibility of the receivable is considered when determining whether revenue can be recognized.

Business

________ are advertisements, often with video or animation, which pop up between changes on a Web site

A) Interstitials B) Pay-per click ads C) Podcasts D) Wallpaper ads E) Floating ads

Business