Q: Income of the state which arises out of the property left by the people without a legal heir is called _________.
A.
De novo
B.
writ
C.
escheat
D.
felony
Correct Answer:
Option C - Income of the state which arises out of the property left by the people without a legal heir is called escheat. Escheat refers to the right of a government to require ownership of unclaimed property.
C. Income of the state which arises out of the property left by the people without a legal heir is called escheat. Escheat refers to the right of a government to require ownership of unclaimed property.
Explanations:
Income of the state which arises out of the property left by the people without a legal heir is called escheat. Escheat refers to the right of a government to require ownership of unclaimed property.
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