Shelving and racks used in business and installed by the tenant are generally considered to be which type of the following?
A. Real property
B. Trade fixtures
C. Ostensible property
D. Property of the landlord
Answer: B. Trade fixtures
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You have been asked to select at least 3 out of 7 possible sites for oil exploration. Designate each site as S1, S2, S3, S4, S5, S6, and S7. The restrictions are:
Restriction 1. Evaluating sites S1 and S3 will prevent you from exploring site S7. Restriction 2. Evaluating sites S2 or S4 will prevent you from assessing site S5. Restriction 3. Of all the sites, at least 3 should be assessed. Assuming that Si is a binary variable, write the constraint(s) for the second restriction.
In most situations the seller has a legal duty to disclose facts that might affect the buyer's decision to purchase
Indicate whether the statement is true or false