An electronic market that brings together textbook sellers, office supply companies, apparel vendors, and students is an example of an exchange

Which of the following statements regarding the medical reimbursement benefit available in some individual disability income policies is CORRECT?

A) The benefit is paid in addition to other benefits under the policy. B) The benefit is a percentage of the monthly income benefit. C) The benefit is only paid if the insured is still able to continue working. D) The benefit is paid for a disabling illness.

David gave a grant deed to John transferring title to a house. The title is subject to a condition stating that title will be forfeited if alcoholic beverages are ever sold on the property. John would have which of the following types of estates:

A: A fee simple absolute; B: A fee simple defeasible; C: An estate in forfeiture; D: A less than freehold estate.