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Alex73 [517]
4 years ago
10

A parcel of real estate has been left to a woman through her husband's will for her use and enjoyment during her lifetime, with

the provision that the property goes to her stepson upon her death.
The stepson's interest is that of:


A) remainderman.

B) tenant at will.

C) life estate.

D) tenancy by the entireties.
Business
1 answer:
wolverine [178]4 years ago
7 0

Answer: A) Remainderman

Explanation:

A Remainderman may sound like something from a horror movie but it is a property law term that refers to a person that is billed to take over or inherit an estate after the LIFE ESTATE of the previous owner is terminated.

Life Estate is an agreement where a person owns a property or asset for the duration of their life but as soon as they pass on, the asset or property reverts back to the original owner of a THIRD party.

The Remainderman is the person who the property reverts to.

In the above scenario therefore, the woman is in possession of a Life Estate but the Stepson is the Remainderman.

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What you think the impact on society is for the ones making the pencils
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Answer:

The impact was how many trees were being cut down.

Explanation:

People eyes were opened to how many trees were being used and programs were started for tree conservation. We now have mechanical pencils which use no wood at all. This dramatically cut down the usage of trees and got people's eyes opened to the shortage in trees. Graphite and the wooden holders.

6 0
3 years ago
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Research on a successful south african entrepreneur.write a short essay in which you include the following:
tia_tia [17]

<span>An example of a young and successful entrepreneur Mubarak Muyika of Kenya. AT age 20 years old, he founded Zagace Limited is a software helping companies evaluate their inventory: accounting, payroll, stock management, marketing, etc. Next is Bheki Kunene of South Africa. AT age 27, he founded Mind Trix Media providing jobs and a profit.</span>

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4 years ago
In theory, what conditions must exist to have pure competition among businesses in the same
docker41 [41]

Answer:

A. B. D.

Explanation:

the answer is the three letters above

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3 years ago
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Galindo Long-Haul, Inc., is considering the purchase of a tractor-trailer that would cost $178,848, would have a useful life of
kondor19780726 [428]

Answer:

the internal rate of return is 12%

Explanation:

The computation of the internal rate of return is as follows;

Year        Cash flows            

0             -$178,848

1                $36,000

2               $36,000

3               $36,000

4               $36,000

5               $36,000

6               $36,000

7               $36,000

8               $36,000

Now apply the IRR formula

= IRR()

After applying it, the internal rate of return is 12%

8 0
3 years ago
Suppose a commercial banking system has $100,000 of outstanding checkable deposits and actual reserves of $30,000. If the reserv
Dominik [7]

Answer:

$20,000

Explanation:

For computing the supply of money expanded, first, we have to determine the excess reserve which is shown below:

= Actual reserves - required reserves

= $30,000 - $100,000 × 25%

= $30,000 - $25,000

= $5,000

Now the supply of money expanded would be

= Excess reserves ÷ reserve ratio

= $5,000 ÷ 25%

= $20,000

So, the maximum amount would be $20,000

3 0
3 years ago
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