Restrictive covenant is the correct answer.
A restrictive covenant is any kind of agreement that demands that the buyer either take or abstain from taking an specific action. Through these covenants sellers bind legal obligations to the deed of a property that can be either simple or complex and levy penalties against buyers who do not obey them. Sometimes, these types of covenants can be removed through payments to sellers. These sellers can pertain to basically everything from the color you are allowed to have your house painted and what type of roof you are allowed to have on your house to how many people are allowed to live in the apartment.
They are using Nonworking spouse method to determine their life insurance needs.
Answer: Option A
<u>Explanation:</u>
Non-working spouse methods refer the method which can use when there is a single earner in the family. Since there is formula where eighteen is the minimum age required to declare oneself as a major, the non-working spouse method can be used when one can get enough financial support until the children are eighteen years old. So concluding, this is the method that can be used to determine Jeff’s and Erica’s life insurance needs.
The reason behind it is Sociology talks about society, social relationship and also culture. commerce talks about the economy whatever, we purchase and sell. ... The study of sociology and commerce helps us to understand the need for people and helps us to understand the market opportunities and public relations.