1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GarryVolchara [31]
2 years ago
13

John owns a small rental cottage in St Augustine and his mother Brenda lives nearby in a rented apartment. He is concerned about

her having a secure home to live in after her retirement so he decides to convey the cottage to her for the rest of her life, after which, ownership will revert to him.
Required:
What would John's attorney probably have advised him to do to achieve these goals?
Business
1 answer:
Lelechka [254]2 years ago
3 0

The option that John's attorney is going to advise him to do in order to achieve these goals would be to give a life estate to Brenda.

<h3>What is a life estate?</h3>

A life estate can be described to be an estate that a person owns and they are able to use it during the period of their lifetime.

The attorney would advise John on this with the right of reversion after she dies.

Read more on life estate here:

brainly.com/question/14115541

You might be interested in
Gard Inc. has compiled the following information related to its five products. Costs of disposal are estimated to be 10% of sell
Ber [7]

Answer:

Item           Inventory at the lower-of-cost-or-market

 #1                                    $214.50

 #2                                  $240.00

 #3                                  $266.50

 #4                                   $315.00

 #5                                  $422.50

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See attached pdf file for the complete question.

Also note: See the attached excel file for the determination of the value of inventory by applying the lower-of-cost-or-market rule.

From the attached excel file, we have:

Item           Inventory at the lower-of-cost-or-market

 #1                                    $214.50

 #2                                  $240.00

 #3                                  $266.50

 #4                                   $315.00

 #5                                  $422.50

Download xlsx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> xlsx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
2 years ago
Having just finalized its new tablet design, Epic Electronics's marketing team plans to begin a rollout with ________ to only on
wlad13 [49]

Answer:

Exclusive distribution; Selective distribution; Intensive distribution

Explanation:

Exclusive distribution refers to the phenomenon where only certain retailers are given the opportunity to carry the product in their retailer shops. For example as in the above case, only one store is exclusively chosen.

Selective distribution is that retailers are carefully selected to engage in the product of selling. For example only a few stores are engaged with in the above question.

Intensive distribution is when all kind of retailers are given the opportunity to keep the products in their shops. For example the last phase described in the question where all sorts of retailers are engaged in selling activity.

4 0
3 years ago
PLEASE HELP
Scilla [17]

D. Nowzer is an internal customer as a sales distributor.

7 0
3 years ago
Read 2 more answers
A(n) ________ ad tries to convince consumers that everyone else is already buying and enjoying the product, and they should too.
Juliette [100K]

Answer: Bandwagon

Explanation: Advertisements which are structured in other to pounce on the emotion of the target audience mainly by utilizing the the fact that some consumers are already on board to spur others. It aims to influence consumer decision by making it known that a certain group, market have embraced or adopted a certain product. The main intention is to appeal to other potential consumers to come on board in other to be a part of what others are doing or enjoying. It is usually regarded as a propaganda or persuasive marketing strategy.

5 0
3 years ago
When riley comes to the united states to take a job, he is surprised that his co workers conduct business lunches with their cli
xxTIMURxx [149]
Riley like comes from a high-text culture. High-context cultures rely heavily on implicit and heavy context when conducting business. Implicit communication are comments that are hinted to someone or about something but do not directly imply what they are meaning. There is no fun and play in business and business is taken seriously when in an office setting only. 
7 0
2 years ago
Other questions:
  • ) Offensive strategic moves involve all of the following except 38) A) pursuing continuous product innovation to draw sales and
    7·1 answer
  • jerome needs to track what materials the business has in shock and compare current amounts with the amounts at the beginning of
    13·1 answer
  • The value of the cpi's "market basket" is determined by ________.
    8·1 answer
  • Unlike in joint ventures, in contract manufacturing, _____.
    5·2 answers
  • Companies raise capital in two main ways ___________.
    15·1 answer
  • Merchandise subject to terms 2/10, n/30, FOB shipping point, is sold on account to a customer for $25,000. What is the amount of
    10·2 answers
  • The objective on your resume should state your long term career goals. True or false
    7·1 answer
  • Logistics Company had the following items listed in its trial balance at 12/31/2021: Balance in checking account, Bank of the Ea
    12·1 answer
  • The following information is available for Brendon Company before closing the accounts. What will be the amount in the Income Su
    6·1 answer
  • Liability of Limited Partners Union Station As-sociates of New London ( USANL) was a limited part-nership formed under the laws
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!