A quitclaim deed may be used to:

a. transfer ownership of a fee simple estate
b. transfer interest in a life estate
c. terminate an easement
d. any of the above

Answer: d. any of the above

Business

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Breach of contract by one party to a licensing agreement gives the nonbreaching party the right to recover damages

Indicate whether the statement is true or false

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The electricity bill at Padco was driven solely by the lights throughout the office; everything else was driven by alternative energy sources

The office was open roughly 8 hours a day, five days a week and the cleaning crew spent about the same amount of time in the offices each week night. The kilowatt hour usage for the office was best described as a: A) horizontal demand pattern. B) random demand pattern. C) seasonal demand pattern. D) cyclical demand pattern.

Business