Baird conveys property to Carr for Carr's lifetime and designates Leslie to be the remainderman. Then Carr dies, what ownership interest would Leslie have the property?

A. Leasehold Estate.
B. Estate in reversion.
C. Fee simple estate.
D. Life estate.

Answer: C. Fee simple estate.

Business

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________ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.

A) Differentiation B) Mass marketing C) Market targeting D) Market segmentation E) Positioning

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Discuss the advantages and disadvantages of five methods used to gather information and gain insight before beginning research efforts

What will be an ideal response?

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