Question

An association in a town shares a lake. Only the association's members are allowed to use the lake for fishing. Which type of property is the lake?

O A
OB.
OC.
O D.
OE.
open-access property
private property
public property
government-owned property
common property

Answer 1

The lake is considered common property and can only be used by the association's members.

Step-by-step explanation:

The lake in this scenario would be considered common property. Common property is a type of property that is owned collectively by a group of individuals who have shared rights and responsibilities. In this case, the association members have exclusive access to the lake for fishing as they are the only ones allowed to use it.

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