A Grantor Transfers Real Property to the City for "As

question 4

Multiple Choice

A grantor transfers real property to the city for "as long as the property is used as a park." What kind of interest does the city have?

• A) fee simple absolute
• B) fee simple defeasible
• C) life estate
• D) reversion
• E) remainder

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Definitions:

Rubbermaid Corp.

A manufacturer specializing in household and commercial products, known for its innovative and durable plastic goods.

UCC

The Uniform Commercial Code governs sales contracts, negotiable instruments, bank deposits, and other commercial transactions in the U.S., aiming to standardize laws across states.

Battle of the Forms

Refers to a legal dispute arising from the exchange of conflicting terms and conditions in the contractual documents of the parties involved.

Unconscionability

Unconscionability involves contract terms that are excessively unfair or oppressive to one party, making enforcement unjust.