BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The right of an owner of property to all that property produces or to a significant increase that property is
A
occupancy
B
accession
C
tenancy
Explanation: 

Detailed explanation-1: -The right to all that one’s own property produces, whether that property be movable or immovable; and the right to that which is united to it by accession, either naturally or artificially. The right to own things that become a part of something already owned.

Detailed explanation-2: -A joint tenancy is one of the most common types of land ownership. One of the most important aspects of a joint tenancy agreement is the right of survivorship. This means that if one or multiple tenants die, the ownership passes on to the surviving tenant.

Detailed explanation-3: -intangible property created by the intellect and includes copyrights, service marks and trademarks, patents, and trade secrets.

Detailed explanation-4: -Ownership of real property by two or more persons is commonly referred to as “co-ownership, ” “cotenancy” or “concurrent ownership.” There are four traditional forms of co-ownership in California: (a) tenancy in common, (b) joint tenancy, (c) partnership, and (d) community property.

There is 1 question to complete.