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siniylev [52]
3 years ago
10

Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a(n)

:
Business
1 answer:
OleMash [197]3 years ago
4 0

Answer:

Reversionary interest

Explanation:

If Larry Jones gifts land to a school district, but the deed states "for so long as the land is used for a school." Jones owns a reversionary interest.

A reversionary interest can be defined as a property law (deed) which states that when a property such as a land transfer is used on a clause; “for so long as” or “on condition that."

Hence, once the interest of the benefactor comes to an end, the property reverts back to its original owner (grantor). It also gives the grantor's next of kin, successor or heir the power or right to take the property back in the future if promises are broken or the agreement comes to an end.

This ultimately implies that, if a property stated in the deed is not used or used, for certain purposes.

<em>In this scenario, Larry owns a reversionary interest because he gifts a land to the school district, but in the deed he stated "for so long as the land is used for a school." </em>

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Susan bought a new sweater on sale for dollar 28.93.she was charged HST of 13%.find the total amount of her bill including taxes
Leya [2.2K]

Answer:

The answer is 32.69$.

Explanation:

The Sale price of sweater was $28.93, to add 13% HST we need to multiply 28.93 by 13 % & add 28.93 to it.

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3 years ago
Are there any welfare or subsidies that should be reviewed or added in south africa?
MrRa [10]
Judging from their condition, the need some welfare or subsidies that should be added

For example :

- Their government should provide more infrastructure such as roads and water pipe for the people
- Since South Africa is one of the most developed country in Africa, The Government should give more incentives for those who want to start a business ( such as cheaper taxation system)
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4 years ago
The Gillette Sensitive portfolio "combines outstanding shaving performance and comfort to address the significant unmet need of
Romashka [77]

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The correct answer is A)

Explanation:

In marketing, the positioning means presenting one's product or service (that is brand image or identity) such that consumers or users of such product or service perceive it in a certain way, usually in a very positive light.

The statement "<em>outstanding shaving performance</em>" speaks to the benefits of using a Gillette.

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8 0
4 years ago
The yrbss revealed that ____ % of high schoolers attend physical education daily. about 40% about 30% about 20% about 50%.
lilavasa [31]
<span>About 30 percent of high schoolers attend physical education classes daily. This is in contrast to the percentage of high schoolers that attend physical education classes in an average week, which increases to about 50 percent. Physical activity has been linked with better grades and school attendance.</span>
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3 years ago
For widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping
cluponka [151]

Answer:

The dead-weight loss from the tax is $2,250

Explanation:

Free market equilibrium price is P1

Total social economic benefit is the sum of:

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  • producer surplus (area above supply curve and below P1)

When tax is imposed, quantity is reduced, price increased to P2 for consumer, P0 for supplier.

The part of the loss from consumer and producer surplus is compensated with the revenue from tax.

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S = \frac{1}{2} \times 15 \times 300 = 2,250

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4 years ago
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