A contractor is preparing a bid to install swimming pools at a new housing addition. The estimated time to build the first pool is 35 hours
The contractor estimates a 90 percent learning rate; what is the estimated time to install all 30 pools? Refer to the copy of Table I.1 appended to this exam.
Using Table I.1, the coefficient for a 90 percent learning rate with n = 30 is 0.6909.
The time for all 30 pools would be 35 hours × 0.6909 × 30 = 725.44 hours
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Mr. Landis owned two pieces of property and sold one parcel bordering on the road to Ms. Cowan's house, reserving in the deed an easement for ingress (entry) and egress (exit) to and from the remaining real property for himself. After 5 years of non-use, Landis attempted to use the easement, but was prohibited from doing so by Cowan. A court would rule in this case that:
a. the easement was forfeited because it was not used for 5 years b. the easement was still valid because non use never terminates any type of easement c. Ms Cowan could institute a quiet title action on the easement and probably be successful d. the easement was still valid since it had been created by the deed.
Counterfeiting is:
A) the use of a formal legal document for illegal purposes. B) the ownership of a written, recorded, performed or filmed creative work. C) the unauthorized copying or production of a product. D) the use of a product name that has different meaning than the original brand. E) the use of a distinctive mark of a brand that is no longer producing the original brand.