To my husband for life, then when my youngest child reaches age 21, to my children in equal shares. What interest do the children hold?
A) Life estate
B) Executory interest
C) Fee simple defeasible
D) Fee simple determinable
B
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The advantages of using in-home interviewing to collect research data include very good sample control and the ability to collect a large quantity of data
Indicate whether the statement is true or false
Research related to the trait approach has ______.
A. been a newer area of research B. been around for over 100 years C. not been a focus of researchers until recently D. consisted of very few known models and studies
Jane develops a new color of lipstick. To market her lipstick, Jane uses a computer design program to show a famous model using Jane's lipstick. Jane does not ask the model's permission. The model can sue Jane for A) battery
B) fraudulent misrepresentation. C) defamation. D) appropriation.
Cull Incorporated recently borrowed $250,000 from Century Bank when the prime rate was 4%. The loan was for 90 days with interest to be paid at the end of the period with a rate fixed at 1.5% above the prime rate
What is the total interest paid on this loan and what is the effective annual rate? (Assume a 365 day year.) A) The total interest paid is $3390.41 and the effective annual rate is 5.62%. B) The total interest paid is $13,750 and the effective annual rate is 5.62%. C) The total interest paid is $13,750 and the effective annual rate is 5.55%. D) The total interest paid is $3390.41 and the effective annual rate is 1.36%.