Which of the Following Statements Is TRUE

question 65

Multiple Choice

Which of the following statements is TRUE?

• A) As a general rule, a person who holds a life estate has no obligation to spend money to keep the property in good condition.
• B) True property rights can only be acquired through contract.
• C) A fixed- term tenancy can be terminated only through a notice to quit.
• D) The common law refuses to recognize non- possessory interests in land.
• E) Land cannot be expropriated if it is subject to a fee simple.

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Definitions:

Increased By

A mathematical operation indicating that a certain value should be added to another value, resulting in a larger amount.

Percent

A way to express a number as a fraction of 100, symbolized by the "%" sign.

Result

The final outcome or answer obtained from a calculation or experiment.

Increased By

A term indicating that a certain value has been added to the original amount, leading to a higher total.