An easement on real property can be terminated by:

A: A conveyance of the servient tenement to a third party;
B: Being revoked by the party granting the easement;
C: An express release from the servient tenement holder;
D: A release signed by the holder of the dominant tenement.

Answer: D: A release signed by the holder of the dominant tenement.

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Tryst, Inc. has a policy of accruing $2,300 for every employee as a vacation benefit. Sarah, an employee, took a vacation. Which of the following is the correct journal entry for the vacation benefit paid?

A) Vacation Benefits Payable 1,917 Vacation Benefits Expense 1,917 B) Vacation Benefits Expense 2,300 Cash 2,300 C) Vacation Benefits Payable 2,300 Cash 2,300 D) Vacation Benefits Expense 1,917 Vacation Benefits Payable 1,917

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Which of the following statements is true of defenses to negligence?

A) Under the last-clear-chance doctrine, once the defendant establishes contributory negligence on the part of the plaintiff, the plaintiff cannot recover damages. B) The court determines the percentage of fault of the defendant under a contributory negligence defense. C) In a modified comparative negligence defense, the plaintiff can recover if the defendant is more than 50 percent at fault. D) The parties get to pick the most appropriate defense to negligence in a lawsuit.

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