Roderick possesses five hundred acres of forested property. Roderick has the right to use the land, including cutting its timber, for life. Roderick also has the right to lease the land for a period not to exceed his life. This ownership interest is
A) a fee simple absolute
B) a leasehold estate.
C) a life estate.
D) an easement.
C
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American law is not dynamic; rather, its precepts are "written in stone."
Indicate whether the statement is true or false
The banking industry
A) should have an efficiency advantage in gathering information that would eliminate the need for the money markets. B) exists primarily to mediate the asymmetric information problem between saver-lenders and borrower-spenders. C) is subject to more regulations and governmental costs than the money markets. D) all of the above are true. E) only A and B of the above are true.
A metered subscription model is most similar to which of the following revenue models?
A) transaction fee B) freemium C) advertising D) affiliate
Blauvelt Electronics Corporation has developed a new instrument-model GZ-29-that has been designed to outperform a competitor's best-selling instrument. Model GZ-29 has a useful life of 30,000 hours of service and its operating cost is $3.20 per hour.In contrast, the competitor's product has a useful life of 10,000 hours of service and has operating costs that average $5.60 per hour. The competitor's instrument sells for $149,000. Blauvelt has not yet established a selling price for model GZ-29.From a value-based pricing standpoint, what is the differentiation value offered by GZ-29 relative to the competitor's offering for each 30,000 hours of service?
A. $370,000 B. $205,000 C. $72,000 D. $245,000