Which of the Following Is Not a Feature of a Life

question 48

Multiple Choice

Which of the following is not a feature of a life estate?

• A)Ownership held for a lifetime.
• B)The owner of the life estate can sell the property but cannot bequeath it in their will.
• C)Ownership in the 'remainder' passes after a particular life has ended.
• D)The owner of the life estate is entitled to rent and income from the property during their lifetime.

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Definitions:

Swift Foxes

A small species of fox native to the North American grasslands, characterized by its swiftness and agility, which has been a focus for conservation efforts due to habitat loss.

Illegal Wildlife Smuggling

The unlawful trade and transport of wild animals or plants, often threatening biodiversity and endangered species.

Black-Market Commerce

The illegal trade of goods and services, circumventing authorized channels, taxation, and regulatory oversight.

LDCs

Least Developed Countries, nations with the lowest indicators of socioeconomic development, according to the United Nations.