BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The legal means of acquiring abandoned property is referred to
A
occupancy
B
lost property
C
mislaid property
D
none of the above
Explanation: 

Detailed explanation-1: -the possession and use of property by or without agreement and without any claim to ownership. 3. law. the act of taking possession of unowned property, esp land, with the intent of thus acquiring ownership.

Detailed explanation-2: -verb. The people who occupy a building or a place are the people who live or work there.

Detailed explanation-3: -According to this theory, the property is based on the principle of natural reason derived from the nature of things. The property was acquired by the occupation of an ownerless object and as a result of individual labour.

Detailed explanation-4: -Related Definitions FULL OCCUPANCY means the date at which the Tenant has occupied substantially all of the square footage within the Building but in no event later than four (4) months after the Move In Completion Date.

There is 1 question to complete.