Which of the following is true of an ownership of real property that is fee simple absolute?
A) It cannot be inherited.
B) It terminates based on the occurrence or nonoccurrence of a specified event.
C) It is infinite in duration.
D) It cannot be transferred at will.
C
Business
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Henry Ford's philosophy was to perfect the Model-T so that its cost could be reduced further for increased consumer affordability. This most likely reflects the ________
A) customer-driving marketing concept B) marketing concept C) societal marketing concept D) production concept E) selling concept
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Under which system of government is everything controlled by the government?
A) democracy B) federal system C) republic D) dictatorship E) social movement
Business