A buyer learns from his real estate professional the ownership rights of the seller's property will continue forever and that no other person claims to be the owner or has any ownership control over the property other than the seller. The buyer will have what type of estate upon closing?
A) A life estate
B) A fee simple qualified fee estate
C) A leasehold estate
D) A fee simple absolute estate
Answer: D) A fee simple absolute estate
Business
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A) Based on whether the audience received the message B) Based on the nonverbal signals relayed by the audience C) Based on the response of the audience D) Based on whether it accomplished its purpose E) Based on whether it was well received by the audience
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A binomial distribution can yield only two outcomes
Indicate whether the statement is true or false
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