Which of the following interests in land approximates absolute ownership?
A) life estate
B) leasehold
C) estate in fee simple
D) condominium
E) none of the above
C
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In a formal buying organization, the most valuable source of information in implementing merchandise plans is _____
a. competitors b. trade associations c. the consumer d. suppliers
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Damages that are generally equal to the difference between the value of the goods as warranted and the actual value of the goods accepted at the time and place of acceptance are known as ________
A) punitive damages B) incidental damages C) compensatory damages D) future damages
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