The future interest of a grantor of a life estate would likely be a
A. reversionary interest.
B. contingent remainder interest.
C. vested remainder interest.
D. nonfreehold estate.
Answer: A. reversionary interest.
Business
You might also like to view...
A profitable customer is a person, household, or company that over time yields a revenue stream that exceeds by an acceptable amount the company's cost stream of attracting, selling, and servicing the customer
Indicate whether the statement is true or false
Business
In the all-channel network, communication flows ________
A) downward from a strong leader to his subordinates in the work group B) in a parallel fashion until all of the members of a work group have been informed C) freely among all members of a formal work team D) through the grapevine
Business