Question

Patsy possesses twenty-four acres of remote, rugged land. Patsy has the right to use the property, in­cluding extracting silver from an existing mine, for life. Patsy also has the right to lease the land for a period not to exceed her life. Patsy's ownership interest is
a. a fee simple absolute.
b. a leasehold estate.
c. a life estate.
d. the power of eminent domain.

Answer

This answer is hidden. It contains 1 characters.