Author Question: The following grant is made: To A for life, then if B is married, to B. a. What interests are ... (Read 56 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?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library