The party who files a law suit is the:
a. state
b. defendant c. bailiff
d. judge
e. none of the other choices are correct
e
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A liquidated damages provision will be invalidated if it is considered to be a penalty
Indicate whether the statement is true or false
Common commercial rental arrangements include:
A) Net, net, net lease. B) Net lease. C) Double net lease. D) B and C only. E) A, B, and C.
Since each share of common stock represents ownership in a company, shares of common stock are often referred to as
A) illiquid investments. B) equity securities. C) fixed-income securities. D) unit-cost securities.
G leaves a life estate to A and "then to B when B reaches age 21." What interest does B hold?
A) A remainder B) A reversion C) An executory interest D) An interest violative of RAP