Agnes decides to impose a restrictive covenant (negative deed restriction) that will apply to any future owners of the property she is currently in possession of. Agnes must have:
a. a lease
b. a fee simple estate
c. an easement
d. either a or b
Answer: b. a fee simple estate
Business
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Indicate whether the statement is true or false
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Lucy, a minor, disaffirms a contract for necessaries without returning the goods. To Manny's Food Mart, the seller, Lucy is required to pay
a. nothing. b. the reasonable value of the goods. c. the sales price of the goods. d. the ultimate worth of the goods.
Business