The most complete type of ownership in real estate is

a. Fee on condition.
b. Life estate.
c. Qualified fee.
d. Fee simple

Answer: d. Fee simple

Business

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A ________ consists of producers, wholesalers, and retailers acting as a unified system. The system can be dominated by any one of the interdependent members

A) direct marketing system B) horizontal distribution channel C) lateral marketing system D) conventional distribution channel E) vertical marketing system

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