A 501(c) (8 ) is a tax-exempt legal structure that can receive charitable donations from individuals, businesses, the government, and philanthropic foundations

Which of the following is true about the situation where a party who owns a fee simple absolute

conveys a life estate, but does not convey any other interest? A) Upon the death of the holder of the life estate, the property will go to the heirs of the holder of the life estate. B) The grantor holds a fee simple defeasible. C) The conveyance is invalid because it is incomplete. D) The grantor holds a reversion. E) The grantor has created a remainder, even though the identity of the holder of the remainder is not yet known.

A corporation that issues preferred stock will mostly likely call the stock when the market rates of interest increase

Indicate whether this statement is true or false.