Which of the following is states usually does not terminate on the death of the holder of the estate?

A) Life estate
B) Estate for years
C) Estate at will
D) Estate at sufferance

Answer: B) Estate for years

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How long is the average wait at the soda machine?

The soda machine outside the lecture hall sees a steady stream of customers throughout the day. The machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed and students generally know what they want from the machine - the average feeding of the machine takes two seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 500 per hour. A) 15 seconds B) 20 seconds C) 25 seconds D) 30 seconds

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Which of the following would not be considered an investment?

A) A new television set B) An art collection C) A savings account D) A mutual fund of stocks and bonds

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