Henry willed his property in trust with the beneficiaries to be all future heirs of his body. His action is prohibited by
A. the statute of limitations.
B. the rule against perpetuities.
C. laches.
D. the recording statutes.
Answer: B. the rule against perpetuities.
You might also like to view...
At Art's firm, employees are allowed to work four 10-hour days instead of five 8-hour days. This BEST describes which attempt to balance work and life?
a. part-time work b. telecommuting c. job sharing d. flex-time
Elsem Foods is a manufacturer of food and beverages. It manufactures several varieties of foods like potato chips, cupcakes, candies, crackers, fruit juices, and carbonated drinks. It introduced a new line of baked potato chips in different flavors
It receives its largest profit from its newly introduced line of hundred percent fruit juices that are available in different flavors, such as orange, apple, litchi, cranberry, and so on. Which of the following is a product item of Elsem Foods? a. Baked potato chips b. Cupcakes c. Hundred percent orange juice d. Beverages