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
Business
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