Asked by Andrew Cavender on May 20, 2024
Verified
Mariella's purchase of a ticket to the ballet grants her a license to use the theater's premises during the performance, but it does not give her an interest in the real property.
License
A legal permission granted by an authority to engage in a particular activity or to use a particular property not owned by the license holder.
Real Property
Land and anything permanently attached to it, such as buildings, in contrast to personal property.
- Acquire knowledge on the impact specific statutory laws and common law principles have on real property rights.
Verified Answer
YS
Yashpal singhMay 25, 2024
Final Answer :
True
Explanation :
Purchasing a ticket to an event like a ballet performance grants the ticket holder a license to enter and use the premises for the duration and purpose specified (in this case, to watch the performance), but it does not convey any ownership or lasting property interest in the venue itself.
Learning Objectives
- Acquire knowledge on the impact specific statutory laws and common law principles have on real property rights.
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