Sandra and Joe own a hobby farm as tenants in common. They also own a vacation home as joint tenants. What is the difference between the tenancy in common and joint tenancy?
?The primary difference between these two types of concurrent estates is that joint tenancy has rights of survivorship which means that upon the death of one of the co-owners, the deceased's interest passes to the surviving joint tenant. Under an ownership by tenancy in common, the deceased co-tenant's interest passes to her beneficiaries named in her will. Also, a tenant in common can convey his interest at any time during ownership. Under a joint tenancy, a conveyance by one of the joint tenants will destroy the rights of survivorship and create a tenancy in common.
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Answer the following statements true (T) or false (F)
1.One of the greatest detriments to listening is a willingness to look at a situation from another’s point of view. 2.Conversing with another compels us to develop just a speaking presence and not a listening attitude. 3.We learn more about each other and increase our trust in one another when we strive to be an effective listener. 4.Television and technology tend to shorten our attention spans. 5.By focusing on one’s emotions and the cues you use to draw conclusions, you can increase your attentiveness, but that may not lead you toward being a more effective listener.
Jupiter Manufacturing began business on January 1. During its first year of operation, Jupiter worked on five industrial jobs and reported the following information at year-end:
What was the balance in Work-in-Process Inventory at year-end?
A) $2800
B) $2400
C) $2100
D) $1100
If fixed costs are $49,600, the unit selling price is $52, and the variable costs are $24, what is the break-even sales (dollars)?
A) $52,800 B) $92,114 C) $132,000 D) $124,000
Swap contracts can be used to hedge foreign currency exposure. They may be undertaken for long periods of time.
Answer the following statement true (T) or false (F)