"To the city of Scottsdale for 99 years" is a:
A) Fee simple determinable

B) Fee simple subject to a condition subsequent.
C) Periodic tenancy.
D) Tenancy for years.


D

Business

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Some organizations use internal service departments to provide like services to several divisions or departments within an organization. Which of the following would probably not lend itself as a service department?

A) Inventory Control B) Payroll Accounting C) Information Systems D) Human Resources

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Which sentence is expressed correctly?

A) Clark was just hired for his first fulltime job. B) Clark was just hired for his first full time job. C) Clark was just hired for his first full-time job.

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Which sentence is expressed correctly?

A) Employers look for candidates who participated in extra-curricular activities while completing their schooling. B) Employers look for candidates who participated in extracurricular activities while completing their schooling. C) Employers look for candidates who participated in extra curricular activities while completing their schooling.

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Essentially, a convertible bond is a portfolio of:

a. a bond and an automobile whose top can be removed. b. an otherwise equivalent nonconvertible bond and shares of the issuing firm's stock. c. an otherwise equivalent nonconvertible bond and a call option on the firm's stock. d. an otherwise equivalent nonconvertible bond and a put option on the firm's stock.

Business