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Which of the following statements are correct about fixtures? (select all that apply) Personal property may become a fixture by annexation to the realty. Personal property may become a fixture by adaptation to the realty. Personal property may become a fixture based on the intent of the person affixing the personal property to the realty. Personal property that is readily removable from the realty is generally a fixture.

Which of the following statements are correct about fixtures? (select all that apply) Personal property may become a fixture by annexation to the realty. Personal property may become a fixture by adaptation to the realty. Personal property may become a fixture based on the intent of the person affixing the personal property to the realty. Personal property that is readily removable from the realty is generally a fixture.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following statements are correct about fixtures? (select all that apply) Personal property may become a fixture by annexation to the realty. Personal property may become a fixture by adaptation to the realty. Personal property may become a fixture based on the intent of the person affixing the personal property to the realty. Personal property that is readily removable from the realty is generally a fixture. Question 18 Which of the following is not a duty owed by a landowner to a trespasser? (select all that apply) the duty to refrain from causing intentional harm once the presence of the trespasser is known the duty to warn the trespasser of dangers existing on the premises the duty to make the premises safe to protect the trespasser from harm a landowner has no legal duty to a trespasser
Transcribed Image Text:Which of the following statements are correct about fixtures? (select all that apply) Personal property may become a fixture by annexation to the realty. Personal property may become a fixture by adaptation to the realty. Personal property may become a fixture based on the intent of the person affixing the personal property to the realty. Personal property that is readily removable from the realty is generally a fixture. Question 18 Which of the following is not a duty owed by a landowner to a trespasser? (select all that apply) the duty to refrain from causing intentional harm once the presence of the trespasser is known the duty to warn the trespasser of dangers existing on the premises the duty to make the premises safe to protect the trespasser from harm a landowner has no legal duty to a trespasser
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