Final answer:
A fee simple absolute estate is a type of ownership interest in land where the owner has the most comprehensive bundle of property rights. The estate does not terminate upon the death of the owner, making option A incorrect.
Step-by-step explanation:
A fee simple absolute estate is a type of ownership interest in land where the owner has the most comprehensive bundle of property rights. These rights include the right to possess, use, control, and transfer the property. However, the estate does not terminate upon the death of the owner, making option A incorrect. Therefore, all of the statements listed in the question are true of the holder of a fee simple absolute estate.