After the statutory period of time has been reached, what action would an adverse possessor file to claim title to the property?

A spin-off is when

A) a company buys a security for a very short period of time and then sells it. B) a bond is retired through the issuance of another bond. C) part of a company which is usually a distinct business unit is separated from the parent company and shares of the divested company are distributed to the parent's stockholders. D) a company acquires another company in a different industry. E) a company acquires another company in the same industry.

Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectively. Ramsey is admitted to the partnership and is given a 40% interest by investing $20,000 . What is Benson's capital balance after admitting Ramsey?

a. $20,000 b. $24,000 c. $48,800 d. $71,200