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Milky Way Dairies purchased a two hundred-acre farm for raising cattle in 2006. An industrial park to the west, Mountain Estates, had in 1980 fenced off a two-acre stretch of land that was properly within the two hundred-acre farm now owned by Milky Way Dairies. Mountain Estates has installed a well within the two-acre parcel, constructed a road to the well, and built a storage shed next to the well. The well was used every day, the road once a day, and the shed once a week. Mountain Estates used the two-acre parcel under the impression it was their property. Who do you believe owns the two-acre parcel? Why?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91819995

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