Explain whether potts will prevail

Assignment Help Management Theories

Reference no: EM131387626

For seven years, Desford Potts had owned a six-acre tract of land within the corporate limits of the city of Franklin. The tract contained a livestock barn in which Potts stored lumber and other building materials. Bricks were also stored in stacks four or five feet high outside and behind the barn. Franklin passed a zoning ordinance by virtue of which Potts's lot was classified as residential property.

Soon afterward, Potts moved some sawn logs onto his back lot, and the city complained that Potts's use of his property for storage of building materials was a ‘‘nonconforming use.'' Potts then brought an action to enjoin interference by the city of Franklin. Explain whether Potts will prevail.

Reference no: EM131387626

Questions Cloud

How to increase the downtown store traffic : Roche Bros. Supermarkets, Inc. is a chain of supermarkets based in Wellesley, MA. The company stores are primarily located in the Boston Metro Area. Roche Bros. also operates the supermarket chain Sudbury Farms. A third banner, Brothers Market Pla..

Yield on high-coupon bonds : Is the yield on high-coupon bonds more likely to be higher than that on low-coupon bonds when the term structure is upward-sloping o when it is downward-sloping? Explain.

Assume the economy is initially in equilibrium : Assume the economy is initially in equilibrium, and then firms expect future total factor productivity to decrease. Using the New Keynesian Model framework: Explain and show graphically the impacts of this event on the goods and money markets.

Participation loan assuming the loan : Calculate the effective cost (to the borrower) of the participation loan assuming the loan is held for 10 years. (Note that this is also the expected return to the lender.)

Explain whether potts will prevail : Soon afterward, Potts moved some sawn logs onto his back lot, and the city complained that Potts's use of his property for storage of building materials was a ‘‘nonconforming use.'' Potts then brought an action to enjoin interference by the city o..

What are the two primary mandates of the federal : What are the 2 primary mandates of the federal? Does the federal has the authority to purchase private enterprise? yes under what conditions? During 2007 and 2009 did the federal over-step their authority?

What is the initial payment : a. What is the initial payment? b. How much interest will accrue during the first year? c. What will the balance be after five years?

Can the city condemn the property : The city concedes that the properties around the condemned property could be assembled and structures could be designed to span over the condemned property, in which case the air rights would be quite valuable. Can the city condemn the property?

What is unidas unlevered cost of capital : a. What is Unidas unlevered cost of capital? b. What is Unida's after tax debt cost of capital? c. What is unida's weighted average cost of capital?

User Account

All Pages