Frank provided in his will that his 50 acres were to go to the city in fee simple for a soccer complex as long as no alcoholic beverages were sold on the premises. If alcohol is sold, the property is to go to Frank's estate. The estate created in the city is a:
a. reversion.
b. qualified fee or a fee simple defeasible.
c. possibility of reverter.
d. contingent remainder.
b
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Workplace spirituality has become important in the contemporary workplace because it ________.
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The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested $7,600,000 to maintain its railroad track. Pertinent data for the two divisions are as follows:Total Miles Traveled: Western Division760,000?milesPacific Division1,160,000?milesThe amount of track improvement cost that should be allocated to the Western Division is: (Round intermediate calculation to 1 decimal place.)
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