Which of the Following Is True of an Ownership of Real

question 67

Multiple Choice

Which of the following is true of an ownership of real property in fee simple absolute?

• A) It cannot be inherited.
• B) It terminates based on the occurrence of a specified event.
• C) It is infinite in duration.
• D) It cannot be transferred at will.

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Definitions:

Hazardous Materials

Substances that pose risks to health, safety, property, or the environment due to their chemical, physical, or biological characteristics, necessitating special handling and disposal procedures.

Serious Injuries

Physical harm or damage to a person that poses a significant risk to their health, well-being, or life.

Family Or Medical Leave

Federally protected leave from work for specified family and medical reasons, allowing employees to take time off without losing their job security.

Twelve-Month Period

Refers to any continuous period of twelve months used for financial, operational, or reporting purposes.