If five people own property as joint tenants:
A: They need not own equal interest in the property;
B: There is still only one title to the whole property;
C: And one of the owners dies, his heirs become tenants in common with the surviving co-owners;
D: Each co-owner has a separate legal title to his undivided interest.
Answer: B: There is still only one title to the whole property;
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Which of the following is a characteristic of the affordable method of establishing a marketing communications budget?
A) fixed annual budget B) suitable for long-range planning C) priority given to role of promotion as an investment D) calculated to reflect what the company can spare for marketing communications E) based on the immediate impact of promotion on sales volume
The only purpose of a strategic plan is to guide employees' daily activities
Indicate whether the statement is true or false