BUSINESS HIGH SCHOOL

A woman held fee simple title to a vacant lot adjacent to a business. She was persuaded to make the lot available to the business. She had her attorney prepare a deed that conveyed ownership of the lot to the business "so long as it is used for commercial purposes." After the completion of the gift, the business will own a:___________.a. life estate.b. tenancy for years.c. periodic tenancy.d. determinable fee estate.

Answers

Answer 1
Answer:

Answer:

D. Determinable fee estate

Explanation:

To begin, a determinable fee estate is structured such that it terminates upon the occasion of certain events, or completion of purpose, and will revert to the grantor without any entry or other provisions. This revert to the grantor is essential and thus come automatically, especially upon the creation of a determinable fee estate.

Given the scenario under study, a woman held a fee simple to a vacant lot adjacent to a business. Subsequently, she made the lot available to the business, and convey its ownership on same. The clause 'so long it is used for commercial purposes' further underscores that a determinable fee and/or future interest is expected to be earned on such.

This arrangement and especially looking at the completion of the gift, the business will thus own a Determinable fee estate.

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Answers

 steps you can take to help fight through a market correction so you can invest wisely for retirement.

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What forces businesses industries and governments to make decisions

Answers

If the options are:

A) Services

B) Producers

C) Goods

D) Scarcity <--
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________ temporarily migrate to take jobs in other countries and send remittance payments to their home communities.

Answers

Answer:

Guest worker

Explanation:

Guest worker - a guest worker policy allows workers from a foreign country to come for work and reside temporarily. In many cases, people allowed to work to meet the host country's labor requirement.

Example-  after world war II United stated introduced one program called Bracero which allowed the foreign nationals to work in the united state. At the current time also united States has a visa like H-1B and  L-1 as a guest worker visa.

Jared quit his job at the bank and no longer has a job. He _____ collect unemployment insurance. a. can
b. cannot

Answers

This actually depends on the country. I assume that you mean the US - in the US he would not be able to collect this insurance because he quit by himself (but in some states he might try if he can proove that it was for example due to bad working conditions).
In many European countries he would be able to collect it.

Which of the following is a business organization based on the belief that if individuals work together, they can help benefit one another? A. cooperative B. labor union C. limited liability partnership D. general partnership

Answers

The correct answer to this question is A. cooperative.

Air travel from New York to Miami costs $300 and takes 6 hours. A bus ticket between the cities costs $150 and takes 56 hours. Other things constant, the minimum value of one's time that would induce a rational individual to fly rather than drive would be a. $5 per hour. b. $50 per hour. c. $3 per hour. d. $1 per hour.

Answers

Answer:

C. $3 per hour

Explanation:

Data given in the question

Travelling cost by air = $300

Time taken by air = 6 hours

Ticket cost of bus = $50

Time taken by bus = 56 hours

Now

The additional amount paid for the air travel

= $300 - $150

= $150

And,

Time saved from the Air travel

= 56 hours - 6 hours

= 50 hours

Hence,

The minimum value of one's time

= Additional Cost paid ÷ saving time

= $150 ÷ 50

= $3 per hour
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