This topic contains a solution. Click here to go to the answer

Author Question: The County of Los Angeles adopted a redevelopment plan for the Central Business District ... (Read 48 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
The County of Los Angeles adopted a redevelopment plan for the Central Business District Redevelopment Project. The plan limited Mitsui Fudosan (U.S.A.), Inc (Mitsui), to a maximum floor area ratio of six square feet of building area to one square foot of parcel area. However, Mitsui could exceed that level through transfer of other unused floor area ratios from other parcels within the project area. Making use of these so-called transfer development rights (TDRs), Mitsui, in 1983, purchased from several adjacent land owners at a cost of 8,209,000 sufficient TDRs to permit it to construct an additional 490,338 square feet of building area, more than doubling the density originally permitted. Beginning in the 1984-1985 tax year, the county assessor increased Mitsui's base assessment by 8,209,000 to reflect the value of the TDR transactions. This resulted in increased taxes of 266,821.10 for the 1984-1986 tax years. Mitsui paid the taxes under protest and appealed to the county appeals board. The appeals board labeled the issue a legal question and summarily denied the application. Discuss for the appeals board how the property should be valued.

Question 2

Hannah's Hut operates in a small retail space located just off Times Square. The landlord is Times Square Rentals. Hannah's Hut sells fake Rolex and Cartier watches. Which of the following is a correct statement about Times Squares Rentals liability to Rolex and Cartier for the infringement of their trade names and trademarks by Hannah's Hut?
 A) Times Square Rentals has no liability for the conduct of tenants.
 B) Times Square Rentals would have vicarious liability if they are aware of the sales.
 C) Times Square Rentals would have liability only if the rent includes a percentage of sales.
 D) Times Square Rentals can exculpate its liability by having a provision in the lease that prohibits Hannah's Huts from making such sales.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SeanoH09

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

Because the only types of developments being approved in the city of Los Angeles are those that involve additions to buildings, the only means for business expansion is through zoning board appeals. Summarily denying the application will not satisfy the due process requirements for zoning decisions. There will need to be hearings and a record in order to establish legitimate reasons for any denials as well as for approvals.

Answer to Question 2

B




sabina

  • Member
  • Posts: 563
Reply 2 on: Jun 24, 2018
Excellent


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library