A property might be categorized either as 'commercial' or 'residential.' A commercial building cannot be built in a residential neighborhood, and vice versa, without a change in the ______ ordinances.

A) easement

B) inter vivos

C) zoning

D)restrictive covenant

2.Sydney, Ginny's neighbor, built a fence on Ginny's land with the intention of taking the property on Sydney's side of the fence, and also paid property taxes on that portion of Ginny's property. Ginny was well aware of this, but did nothing about it. If this continued for a period of time set by state law, Sydney may be able to claim this property as her own. This method of acquisition would be known as:

A) quitclaim acquisition.

B) commercial escrow.

C) tenancy by entirety.

D)adverse possession.

3.The owner is ordinarily entitled to the fair market value of land condemned under eminent domain.

A)True

B)False

4.A corporation generally does not itself pay taxes on income; it only acts as a pass-through to its shareholders who pay taxes on the corporation's income.

A)True

B)False

5.Failure to follow corporate formalities or to adequately capitalize a corporation may subject stockholders to personal liability.

A)True

B)False

6.In a limited partnership, a limited partner's liability for debts of the limited partnership is limited to her capital contribution.

A)True

B)False