Author Question: The following grant is made: To A for life, then if B is married, to B. a. What interests are ... (Read 40 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
The following grant is made: To A for life, then if B is married, to B. a. What interests are created? b. How can the wording of the grant be varied to change B's interest?

Question 2

An authorized agent signing an instrument will not be liable on the instrument if the agent discloses on the paper either the identity of the principal or the fact that the agent has signed in a representative capacity.
  Indicate whether the statement is true or false



izzat

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

A - life estate
B - contingent remainder

To A for life, then to B, if B is married.

B then has a vested remainder subject to complete divestment.

Answer to Question 2

FALSE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

For a complete list of videos, visit our video library