The grantor of a qualified fee has set the requirement that the property must be used only as a school this requirement is known as

A) a qualified condition.
B) remainder interest
C) revisionary interest
D) deed condition

Answer: D) deed condition

Business

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The party who operates the franchised business.

(a) contract assets (b) franchisee (c) principal-agent relationship (d) cosignor

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Luxury car manufacturers, Lewitt, invest in dealerships across Asian countries based on a marketing research outcome showing the recent increase in purchase of luxury cars

In this case, Lewitt's investigation of research data reflects a(n) ________. A) demand pattern analysis B) income elasticity measurement C) estimation by analogy D) comparative analysis

Business