A life estate requires the holder to use the property until:
a. Death
b. The age for which they can no longer take care of the property
c. The children become legal adults
d. The property is sold
a. Death
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Parties cannot discharge their obligations by agreement.
Answer the following statement true (T) or false (F)
Those who knowingly violate the Clean Air Act may be subject to _______ penalties.
A. judicial B. criminal C. moral D. environmental
Which of the following are common powers granted under a power of attorney? The power to deal with:
a. Real estate transactions b. Insurance transactions c. Banking transactions d. All of the above
Which of the following was substantially changed under the Uniform Commercial Code?
A. Mirror Image Rule B. Mailbox Rule C. Parol Evidence Rule D. Statute of Frauds