In real estate "devise" refers to
A. a conveyance.
B. an inheritance.
C. destruction of man-made structures by acts of god.
D. probate action when one dies intestate.
Answer: A. a conveyance.
You might also like to view...
You are a retired worker whose income is derived from your company pension plan and social
security. However, you are highly dependent upon the income generated from your 401(k) plan, which is heavily weighted in stocks that pay substantial dividends. Which of the following dividend policies would you prefer? A) constant dividend payment ratio B) small, regular dividend plus a year-end extra C) stable dollar dividend per share D) Any of the above would be equally desirable.
According to the matching principle, short-term needs for funds should be financed by short-term sources of funds; long-term need for funds should be financed by long-term sources of funds
Indicate whether this statement is true or false.