Which of the following is true when someone accidentally makes an improvement to the personal property of another where the owner was unaware of the improvement until after it had been made?
A) The property owner gets to keep the improvement in all circumstances, and is not required to pay for it.
B) The property owner gets to keep the improvement in all cases, but must pay the party who improved it the reasonable value of the improvement.
C) The party who made the improvement can remove it if this is possible; otherwise, the owner of the property gets to keep the improvement and is not required to pay for it.
D) The party who made the improvement can remove it if such removal is possible; otherwise, the owner of the property gets to keep the improvement, but must pay the party who improved it the reasonable value of the improvement.
E) The party who made the improvement must be paid for the improvement, so long as it is undisputed that the fair market value of the property has been increased as a result of the improvement.
Correct Answer:
Verified
Q96: With disability insurance,the payments made to the
Q97: Federal law requires a common carrier who
Q98: An insurance agent and insurance broker are
Q99: For necessary charges and expenses,a carrier has
Q100: In the case of a life insurance
Q102: If a farmer takes some grain to
Q103: Which of the following is true when
Q104: An "umbrella" insurance policy pays when other
Q105: The intellectual property for a new invention
Q106: Deductible clauses provide that insurance proceeds are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents