A possibility of reverter is the complementary estate to a:

A) fee simple.
B) qualified fee.
C) life estate.
D) reversion.


B

Business

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Activities of government, business, and independent organizations that are designed to protect individuals from practices that infringe on their rights as consumers comprise social responsibility

Indicate whether the statement is true or false

Business

During a stormy meeting of computer software firms, several company presidents said that without tariff cushions, many of them would go broke. They represent a new industry that needs protection until their firms grow to a size that will allow them to be competitive. Their comments are based on the

A. infant-industry argument. B. goal of equalizing the nation's balance of payments. C. national self-sufficiency argument. D. goal of protecting the health of citizens. E. goals of retaliating for another nation's trade restrictions.

Business

Direct materials costs are usually excluded from the costs that are allocated to activity cost pools in an activity-based costing system.

Answer the following statement true (T) or false (F)

Business

If profit margins increase as sales increase, the need for external finance is reduced.?

Answer the following statement true (T) or false (F)

Business