The maximum possible estate one can possess in real property which has an indefinite duration would be described as a:
A. Defeasible fee estate.
B. fee simple estate.
C. Life estate.
D. Leasehold estate.
Answer: B. fee simple estate.
Business
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A ________________________ lien applies only to identified property, such as a parcel of real estate.
Fill in the blank(s) with the appropriate word(s).
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New communications technologies such as cell phones and the Internet give companies new media for interacting with targeted consumers, but these new technologies also give consumers more control over the advertising messages they receive
Indicate whether the statement is true or false
Business