Question

Explain how quality of life is a factor impacting urban growth.

What are the three principle rights in property? What are the three dimensions of real property rights in land?

What are fixtures? What are the four rules to help determine whether an object has become a fixture?

Answer 1

Explain how quality of life is a factor impacting urban growth.

Quality life is one of the biggest factors of urban growth. People in urban are employed, their work culture is different and life style is different, for maintain standard of living, they demand for the goods and services, when they create demand, companies become motivated to produce more goods, when company increases the production, they create jobs for unemployed people. Again when people become employed, they create demand and their consumption power increases, same way, the whole economic cycle goes on and increase in production and employment boost the growth.

What are fixtures? What are the four rules to help determine whether an object has become a fixture?

Fixture- A fixture is an asset that was a personal property but has become a real property.

Four rules to help determine whether an object has become a fixture:

1. Manner of attachment
2. Character of the article and manner of adaptation
3. Intention of the parties
4. Relation of the parties