Fee Simple Estates

question 24

Multiple Choice

Fee simple estates

• A) can never be alienated.
• B) cannot be inherited.
• C) can be sold or given away.
• D) must be devised by will.

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Definitions:

Ordering

The process of requesting goods, services, or work to be provided or performed by another party.

Producing

The act of creating, manufacturing, or otherwise bringing into existence goods and services.

Purchase Requisition

An official request or document that a company uses to inform the purchasing department of items it needs to order.

Legal Contract

A legally binding agreement between two or more parties that is enforceable by law.