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MAVERICK [17]
3 years ago
9

A(n) _______________________________is the right to possess a piece of land for your life and to devise the land to your heirs u

pon your death. It is the most encompassing real property interest. (Chapter 8)
Business
1 answer:
Archy [21]3 years ago
3 0

Answer:

fee simple absolute

Explanation:

A fee simple absolute is the most complete real property interest, granting the owner complete rights over the property, including the right for heirs to inherit the property upon the owner's death.

On the other hand, <em>life estate</em> is the ownership of the property during one's life. Subsequently, the ownership comes back to the original grantor of the land, giving him/her the right to decide what happens with the property after the life estate owner's death.

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Which of the following statements about the U.S. housing industry is accurate?
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The correct answer for the question that is being presented above is this one: "A) The total net housing wealth is equal to about 80 percent of GDP." The statements about the U.S. housing industry is accurate is this one '<span>The total net housing wealth is equal to about 80 percent of GDP.'</span>
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Five years ago, our company purchased land for $53,000. This year, the land is
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Answer:60000

Explanation:

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1 year ago
Weight Watchers is a weight-management company with operations in about 30 countries. Consumers buy almost $5 billion of Weight
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b. competitive advantage.

Explanation:

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8 0
2 years ago
A $ 5000 bond with a coupon rate of 6.7​% paid semiannually has eight years to maturity and a yield to maturity of 7.8​%. If int
prohojiy [21]

Answer:

As a result of an increase in the YTM, the price of the bond will fall $4677.19 from to $4593.67

Explanation:

The bonds are valued or priced based on the present value of annuity of interest payments and the present value of the principal. Based on the YTM of 7.8% the bonds are priced at,

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Old Price = 167.5 * [( 1 - (1 + 0.039)^-16  + 5000 / (1+0.039)^16

Old Price = $4677.19

New semiannual YTM = 8.1% / 2  =  4.05%

New Price = 167.5 * [( 1 - (1+0.0405)^-16) / 0.0405] + 5000 / 1.0405^16

New Price = $4593.67

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2 years ago
In a payday loan, what happens at the date of loan maturity?
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Borrower must pay off loan
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3 years ago
Read 2 more answers
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