aimed at protecting individual property. It is common to find persons selling goods to which they hold no title at all and have no consent or authority from the owners. This occurs when either the goods being sold are stolen or have been gotten from the owner by deception. The buyer of such goods is usually innocent and may not have notice of the defective ownership held by the seller. The resulting situation is determining who has the title to the goods between the two innocent parties i.e the original
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Identify legal and ethical requirements of property management to complete agency work CPPDSM4007A Assignment 2 STUDENT NAME Daniel Skrzypek OTEN NUMBER n855096 Please read the “Guide to completing and submitting assignments” before you begin this assignment. What you need to do To successfully complete this assignment you must answer the following questions to demonstrate your knowledge. The assignment will be granted a result of “Competent” if the learning
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Proof Sheet Reflexive Property | A quantity is congruent (equal) to itself. a = a | Symmetric Property | If a = b‚ then b = a. | Transitive Property | If a = b and b = c‚ then a = c. | Addition Postulate | If equal quantities are added to equal quantities‚ the sums are equal. | Subtraction Postulate | If equal quantities are subtracted from equal quantities‚ the differences are equal. | Multiplication Postulate | If equal quantities are multiplied by equal quantities‚ the products
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In a well-known legal case‚ a classic conflict of property rights was featured. Red cedar trees‚ used only for ornamental purposes‚ carried a disease that could destroy apple orchards within a radius of two miles. There was no known way of curing the disease except by destroying the cedar trees or by ensuring that apple orchards were at least two miles away from the cedar trees. Apply the Coase theorem to this situation. Does it make any difference to the outcome whether the cedar tree owners are
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physical and chemical properties. Physical properties are characteristics of a substance. Two types of physical properties are quantitative and qualitative. Quantitative is a property that has an amount or can be measured such as hardness‚ solubility‚ and viscosity. Qualitative is a physical description of matter such as color‚ clarity‚ and state. Chemical properties are characteristics of a substance which allows it to behave in a specific manner. A few types of chemical properties are combustibility
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film was directed in Spanish‚ with a Spanish crew and was located in Spain. However since it was set in the United States during the Spanish Civil War‚ all American actors acted in ‘The Others’ in it including Grace ‚ played by the internationally known Hollywood actress‚ and public figure Nicole Kidman. ‘The Others’ was nominated for global film awards. The film was nominated for six Saturn Awards including Best Director and Best Writing for Amenábar and Best Performance by a Younger Actor for Alakina
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Intellectual Property Kiara Rubenstein Intellectual Property (IP) is legal rights that result from intellectual activity in the industrial‚ scientific‚ literary‚ and artistic fields. The four major components of intellectual property include; patent‚ copyright‚ industrial design‚ and trademark. A patent is a government grant giving the right to eliminate others from making‚ using or selling an invention. A Canadian patent is protection within Canada for 20 years from the date of filing of the
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Property taxes – local taxes‚ immovable property/land tax‚ motor vehicle tax . (Lukas Szita) A property tax also known as millage tax is a charge on possessions that the holder is obligatory to pay. The tax is imposed by the governing authority of the area in which the property is placed; it can be a national government of country‚ a federated state‚ a county/region‚ or a municipality (In Slovak Republic property tax is the most important income for municipalities). We basically distinguish four
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the owner of the property. The seller’s interest is looked at as personal property. The legal title of the property remains with the seller and is considered to in trust and the risk is on the seller. The right of possession follows the legal title; the seller is entitled to possession until closing. Risk of Loss – there is a split of authority on risk of loss when a contract is signed‚ equity is passed to buyer through escrow and the risk of loss is on buyer. If property is destroyed before
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Risk of hospitalization costs‚ accidents at home or in motor vehicle‚ damage to our homes‚ burglary and loss of property‚ income interruption for the family as a result of demise of breadwinner(s) are common insurable risks to which individuals are exposed. Businesses are exposed to fire and related perils risks‚ income interruption as a result of fire‚ damage to property among others. If a risk is not transferred to an insurance company then the individual or firm assumes the risk themselves deliberately
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