The type of concurrent ownership involves the deceased tenant's interest passing to his or her estate is a:

A) Joint tenancy.
B) Tenancy in common.
C) Tenancy by the entirety.
D) Community property.

B

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Which of the following statements is true about the taxing powers of the federal government?

A) The U.S. Congress can levy different taxes on different states. B) The Internet Tax Freedom Act permanently banned taxes on the Internet. C) States are only allowed to require a business to submit sales tax payments if the business has a store or distribution center in the state. D) The government charges lower taxes to discourage the development of certain industries.

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Which of the following is a form of foreign direct investment?

A) An investor enters into a licensing agreement with a foreign government. B) A company purchases a warehouse outside the sovereign borders of its parent country. C) A company enters into an international franchise agreement. D) A company enters into a joint venture with a government agency in the host country.

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