Which of the following statements is true of the extent of ownership of land?
A) A landowner is legally entitled only to 500 ft of airspace above his or her land.
B) A landowner has to obtain mineral rights separately from the government.
C) A landowner may sell mineral rights to another person.
D) A landowner has unrestricted rights to use the water flowing across or underneath one's property.
C
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Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of $75 and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value?
A) 5.50% B) 5.27% C) 7.73% D) 5.82%
Which of the following terms refers to a society's ideas and convictions about what is good or bad and right or wrong?
A) regulations B) values C) rules D) procedures