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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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What is the first step in setting up a budget? (1 point)
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A clothing store sells T-shirts, t, for $8 a shirt and shorts, s, for $12 each. The
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Answer:

B. 8t + 12s = 216; t = 3s

Explanation:

t-shirts = $8 each

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nasty-shy [4]

Answer:

reviews registration statements to ensure they comply with current laws and regulations.

Explanation:

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

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<em>Hence, Securities and Exchange Commission reviews registration statements of bond issuers, investment advisers etc, to ensure they comply with current laws and regulations.</em>

5 0
3 years ago
In a(n) ________, members eliminate internal trade barriers, adopt a common external policy toward nonmembers, and eliminate bar
JulijaS [17]

Answer:

A Common Market

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So, in this market, members eliminate the barriers of trade and adopt or follow the common policy.

7 0
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A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is
gayaneshka [121]

A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called planning bill.

<h3>What is a planning bill?</h3>

This is the term that is used to refer to the group of items that are in a material format bill that would carry the reflection of the way that materials are sold and not the way that it is built. It helps to check for the possible options and the features.

A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called planning bill.

.

Read more on planning bill here: brainly.com/question/25811779

#SPJ1

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2 years ago
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