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Business Law Today Study Set 1
Quiz 24: Real Property and Environmental Law
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Question 61
Multiple Choice
Energy Resources, Inc., operates an oil refinery near Forest River, which flows into Grove Lake. Discharging oil from the refinery into the river can result in an assessment of
Question 62
Multiple Choice
Loaf & Biscuit Company operates a commercial dough making and packaging plant-a "major source"-that emits hazardous air pollutants for which the Environmental Protection Agency has set maximum levels of emission. The plant does not use any equipment to reduce its emissions. Under the Clean Air Act, this is most likely
Question 63
Multiple Choice
Barlow owns the surface rights for Canyon Ranch, but does not own the subsurface rights. Dusty owns the subsurface rights. Canyon Ranch includes a house, a bunkhouse, and two barns, which are damaged when Dusty is excavating for minerals under the surface. Most likely liable for the damage is
Question 64
Multiple Choice
Samantha occupies a house on her mother Ruth's farm without paying rent. Either party can terminate this arrangement without notice. This is
Question 65
Multiple Choice
Investment Properties Corporation conveys an office building to Jim with a deed that makes the greatest number of covenants and provides the most extensive protection against defects of title. This deed is