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

Author Question: NIMBYs are: A)A form of general zoning plans. B)Exceptions to the zoning plans. C)Landowners who ... (Read 104 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
NIMBYs are:
 A)A form of general zoning plans.
 B)Exceptions to the zoning plans.
 C)Landowners who object to the location of businesses or projects near their properties.
 D)None of the above

Question 2

O owns Blackacre, a lovely home in Phoenix, which is worth 100,000. Blackacre is mortgaged to M for 80,000. The mortgage provides that to secure the 80,000 debt, O mortgages all the following described real estate (description omitted) including all fixtures, improvement and appurtenances thereto, including those now existing or hereafter added to the property. The mortgage is duly recorded. Thereafter O purchases some lovely decorative mirror squares from Mike's Mirrors on credit (800). O then hires Harry to attach the mirrors (with a rather strong glue) to the east wall of his living room. Harry charges O 150 for his labors. Mike properly filed a financing statement on the mirrors - before Harry began installation. Harry files a mechanic's lien for the labor he performed when he was finished. (Filed after Mike; Mike filed after M). O pays nothing to Mike and Harry. Mike wants his mirrors and Harry wants to be paid. M objects saying his mortgage is superior to their rights. What results?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aliotak

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

Students should discuss terms such as PMSI, filing, afteracquired clause, etc. Mike has priority as PMSI, then M, then Harry. Mike can repossess so long as damage of removal is repaired.




FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

For a complete list of videos, visit our video library