Which of the following statements is true about adverse possession? O A. The pra
ID: 383338 • Letter: W
Question
Which of the following statements is true about adverse possession? O A. The practice of adverse possession requires that possession be interrupted to grant ownership. n to be on the land. O C. The practice of adverse possession discourages land use. O D. The practice of adverse possession increases the possibilities of an absent owner to claim rights masy years down the rood E. The most common way to destroy a claim of adverse possession is to sue for trespass. QUESTION 7 3 points Save Ans Which of the following statements is true of publicly held business organizations? A. Publicly held organizations are owned only by a few persons. B. Publicly held organizations are only owned by the govemment. C. Shareholders of publicly held organizations can transfer their ownership without interfering with the organization's management. D. A family-operated business is an example of a publicly held business organization E. Publicly held organizations are free fiom all legal liabilities to its sharcholders, wlich is the primary reason for thuis corporat form being used. Io e , Type heretosearchExplanation / Answer
Answer to Q.6 :
Adverse possession is a doctrine under which a person in possession of land owned by someone else may acquire valid title to it, so long as certain common law requirements are met, and the adverse possessor is in possession for a sufficient period of time, as defined by a statute of limitations. It is legal doctrine that allows a person to claim a property right in land owned by another. Common examples of adverse possession include continuous use of a private road or driveway, or agricultural development of an unused parcel of land.
Typically, for an adverse possessor to obtain title, his possession of the property must be:
Since Adverse possession is legally permissible , the adverse possessor cannot be sued for trespass. As already mentioned, the practice of adverse possession requires that the possession to be uninterrupted and the possessor ( i.e. criteria : Continuous). The practice of adverse possession does not require permission of owner to use the land ( criteria : Hostile). Practice of adverse possession does not discourage use of land since the adverse possessor is free to do whatever he/she thinks to do with the land .
Thus the correct answer would be :
THE PRACTICE OF ADVERSE POSSESSION INCREASES THE POSSIBILITY OF AN ABSENT OWNER TO CLAIM RIGHTS MANY YEARS DOWN THE ROAD
Answer to Q.7:
A public company, is a company that has sold all or a portion of itself to the public via an initial public offering (IPO), meaning shareholders have claim to part of the company's assets and profits. Publicly held organizations is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over the counter markets and does not require explicit permission of management for sale or purchase of such shares.
ANSWER : SHAREHOLDERS OF PUBLICLY HELD ORGANIZATIONS CAN TRANSFER THEIR OWNERSHIP WITHOUT INTERFERING WITH THE ORGANIZATIN’S MANAGEMENT
THE PRACTICE OF ADVERSE POSSESSION INCREASES THE POSSIBILITY OF AN ABSENT OWNER TO CLAIM RIGHTS MANY YEARS DOWN THE ROAD
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