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Match Each of the Definitions That Follow with the Appropriate

question 89

Multiple Choice

Match each of the definitions that follow with the appropriate investment term (a-j) .
-Notes and bonds that pay interest and have a fixed maturity


Definitions:

Privity of Estate

A legal concept in property law that refers to the relationship or connection between parties whose estates possess rights or obligations that are derivative from the same property.

Privity of Contract

A doctrine in contract law that restricts the rights or duties under a contract to the parties that agreed to it.

Property Tax

A levy on property that the owner is required to pay based on the value of the property.

Lessee

A person or entity that holds the lease of a property; essentially, a tenant who has the right to use property owned by another according to the terms of a lease agreement.

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