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Afina-wow [57]
3 years ago
7

Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in¬cluding extracting silver

from an existing mine, for life. Patsy also has the right to lease the land for a period not to exceed her life. Patsy's ownership interest is
a. a fee simple absolute.
b. a leasehold estate.
c. a life estate.
d. the power of eminent domain.
Business
1 answer:
GenaCL600 [577]3 years ago
8 0

Answer:

C. life estate

Explanation:

A life estate is an estate interest in land that lasts for the life time of the life tenant. The holder of a life estate has a full right to possess the property during their life. A life estate is restrictive in that it prevents the beneficiary from selling the property that produces the income before the beneficiary's death. But the estate cannot continue beyond the life of the beneficiary.  A major benefit of a life estate deed is that it can be used to pass property upon the life tenant's death without it being part of the life tenant’s estate.  

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Talk about why you think it is sometimes important to represent a procedure mathematically.
7nadin3 [17]
It is important, because you have to explain how to do a procedure in order for the former person to understand what you believe is correct in math.
7 0
3 years ago
You have been elected to the governing board of your church. At the first meeting you attend, mention is made of building a new
tigry1 [53]

Answer:

1. Cash in hand and at bank balance

2. Is there land and buildings available

3. Are there any accumulated debt owed by the church

4. Collections or record of church document.

Explanation:

1. Cash in hand and at bank balance. This an example of a current asset. The first question is how much does the church have as cash and bank balance. The reason is to ascertain whether the fund will be sufficient for the new building project.

2. Land and Buildings availability. This is a fixed asset. The board would enquire whether there is an already existing building or land with which to begin the building project.

3. Debt or loan owed by the church. Loan forms part of liability in a balance sheet. Another question to be asked is whether the church is indebted to a bank or financial institution. This will determine whether or not to continue with the building project.

4. Record of church document. Does the church have any existing document with which to support the new building? This is pertinent as to begin or abandon the plan to build a new church.

3 0
3 years ago
Marginally attached workers are people who are a. looking for a better job than they currently have. b. not working and are not
lisabon 2012 [21]

Answer:

The correct answer is B

Explanation:

Marginally attached workers are those workers or person who are not in the labor force but want and also available for work and the persons looked for a job sometime in the previous twelve months.

These kinds of workers will not counted as an unemployed worker due to they had not looked for work in previous 4 weeks, for any reason.

So, the marginally attached workers or persons are those people who are not working yet but looking for work and will also work if asked.

7 0
3 years ago
An organization in which there are a lot of formal rules, people are treated in animpersonal manner, jobs are carefully divided
andrezito [222]

Answer:

Theory X organization

Explanation:

McGregor defined it as this: an organization whose approach tend to have several strata of managers and supervisors to oversee and direct workers. A place where Authority is rarely delegated, and control remains firmly centralized. Managers are authoritarian and actively intervene to get things done.

7 0
3 years ago
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GarryVolchara [31]
The correct answer is
<span>a. decreases monthly payments

This is correct because by making a down payment, your overall loan sum is smaller which means that your monthly payment is lowered.</span>
8 0
3 years ago
Read 2 more answers
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