William owns a life estate in a farm. On his death, fee simple absolute ownership of the land will pass to James. Which of the following interests in real property does James have?

Which of the following is often the strongest selling point for recent college graduates, and should be highlighted on a résumé?

A) Career Summary B) Work Experience C) Volunteer Activities D) Education E) Honors and Awards

MDU, A Michigan-based general contractor, bills its clients on the first of the month

Clients traditionally pay as follows: 60% pay by the end of the first month, 30% by the end of the second month, 7% by the end of the third month, and 3% default on their bills. For example, a $1.00 sale made in the month of July is billed August 1st and $0.60 is paid in August, etc. The firm's CEO wants to know the anticipated cash flow for the second quarter. Use the following information to estimate second-quarter cash flows. What will be an ideal response?