Odds in favor of a particular event are given by the ratio of the probability of the event divided by the probability of the population
Indicate whether the statement is true or false
FALSE
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Which of the following is NOT a reason why Great Britain and Europe, during the mid-to-late 1700's, began the shift from one of a largely agricultural-based dependent society to that of a market transitioning towards a production-based model:
A. population growth B. increase in trade and inventiveness C. environmental stewardship D. growing emphasis on wealth creation E. mercantilism backed by the rise of business systems
What is the difference between a freehold and leasehold estate?
A) Freeholds estates of possession and leasehold are estates of ownership. B) Freeholds have an indefinite duration but leaseholds can terminate. C) Freehold do not need to be in writing but leasehold do. D) Freeholds must be a fee simple but leasehold can be a life estate.