Examlex
You expect interest rates to decline in the near future even though the bond market is not indicating any sign of this change. Which one of the following bonds should you purchase now to maximize your gains if the rate decline does occur?
Ownership
The legal right or title to possess, use, and dispose of property or an asset.
Fixtures
Items that were originally personal property but have been attached to real property in a manner that they are considered legally part of the real property.
Real Property
Land and any structures attached to it, such as buildings or houses, including the rights associated with ownership of the land.
Appurtenance
A legal term referring to an accessory or adjunct that is attached to and passes with the principal property.
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