These are Businees Law questions.

1. Twenty-two years ago, Lorenz was a wanderer. At that time, he decided to settle down on an unoccupied, three-acre parcel of land that he did not own. People in the area told him that they had no idea who owned the property. Lorenz built a house on the land, got married, and raised three children while living there. He fenced in the land, installed a gate with a sign above it that read "Lorenz's Homestead," and removed trespassers. Lorenz is now confronted by Joe Reese, who has a deed in his name as owner of the property. Reese, claiming ownership of the land, orders Lorenz and his family of the property. Discuss who has the better "title" to the property. Twenty-two years ago. Reese was the owner of the property. A 2. Lorenz occupied the land for twenty-two years 3. Was Lorent's occupation of the land continuous or interrupted? continuous 4. Lorenz's occupation of the land was 1 actual and exclusive because he physically occupled the property, 5. Was Lorenz's occupation of the land secret or hidden from others? No 6. Did be occupy the land continuously for the twenty-two-year period? Yes 7. Lorenz did not have Reese's permission to occupy the land. B. Did Lorenz act as if he was the owner of the land toward others? No 9. Thus, it is Select that Lorenz will have successful claim of adverse possession against Reese. * CENGAGE MINDTAP a Search this course Case Problem Analysis 23.1: Identifying the Facts & Issues 6. Did he occupy the land continuously for the twenty-two-year period? You 1 7. Lorenz did not have Reese's permission to occupy the land, 8. Did Lorenz act as if he was the owner of the land toward others? Ne 9. Thus, it is Select that Lorenz will have successful claim of adverse possession against Reese. 10. If Lorenz won his claim of adverse possession, he would be able to select in the land 11. The law permits individuals to take another's property by adverse possession because society has an interestin Belect 12. The adverse possession doctrine rewards those who put their land to select miloshch23.1 multi 01 Question 1 of 1 Submit Assignment for Grading Save 1. Twenty-two years ago, Lorenz was a wanderer. At that time, he decided to settle down on an unoccupied, three-acre parcel of land that he did not own. People in the area told him that they had no idea who owned the property. Lorenz built a house on the land, got married, and raised three children while living there. He fenced in the land, installed a gate with a sign above it that read "Lorenz's Homestead," and removed trespassers. Lorenz is now confronted by Joe Reese, who has a deed in his name as owner of the property. Reese, claiming ownership of the land, orders Lorenz and his family of the property. Discuss who has the better "title" to the property. Twenty-two years ago. Reese was the owner of the property. A 2. Lorenz occupied the land for twenty-two years 3. Was Lorent's occupation of the land continuous or interrupted? continuous 4. Lorenz's occupation of the land was 1 actual and exclusive because he physically occupled the property, 5. Was Lorenz's occupation of the land secret or hidden from others? No 6. Did be occupy the land continuously for the twenty-two-year period? Yes 7. Lorenz did not have Reese's permission to occupy the land. B. Did Lorenz act as if he was the owner of the land toward others? No 9. Thus, it is Select that Lorenz will have successful claim of adverse possession against Reese. * CENGAGE MINDTAP a Search this course Case Problem Analysis 23.1: Identifying the Facts & Issues 6. Did he occupy the land continuously for the twenty-two-year period? You 1 7. Lorenz did not have Reese's permission to occupy the land, 8. Did Lorenz act as if he was the owner of the land toward others? Ne 9. Thus, it is Select that Lorenz will have successful claim of adverse possession against Reese. 10. If Lorenz won his claim of adverse possession, he would be able to select in the land 11. The law permits individuals to take another's property by adverse possession because society has an interestin Belect 12. The adverse possession doctrine rewards those who put their land to select miloshch23.1 multi 01 Question 1 of 1 Submit Assignment for Grading Save