A person who held a life estate leased the property for five years and then died one month after signing the lease. The new owners ordered the lessee to move out. The lease was:
A: Valid for the five years;
B: Valid only as long as the lessor was alive;
C: Invalid from the beginning;
D: Invalid unless deceased's executor confirmed it.
Answer: B: Valid only as long as the lessor was alive;
Business
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The annual property taxes an owner of a home must pay are determined by:
A: Assessing the land and improvements separately, then multiplying the total by one tax rate; B: Assessing the land and improvements together, then multiplying by one tax rate; C: Assessing the land and improvements separately, then multiplying by different tax rates; D: None of the above.
Business
________ translates the master schedule for final products into detailed requirements
Fill in the blank(s) with the appropriate word(s).
Business