Author Question: The following grant is made: To A for life, then if B is married, to B. a. What interests are ... (Read 64 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?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library