Under ________, ownership passes directly on to the surviving owner or owners, bypassing the will. With ________, when one spouse dies assets become part of the deceased's estate and are distributed through the will
A) tenancy in common, community property
B) tenancy in common, tenancy by the entirety
C) joint tenancy with the right of survivorship, tenancy in common
D) joint tenancy, the right of survivorship
E) tenancy in the entirety, uncommon tenancy
Answer: C
You might also like to view...
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: Job 1 Job 2 Job 3 Job 4 Job 5 Direct Materials 1,000 7,500 4,000 3,500 1,700 Direct Labor 12,000 20,000 13,000 12,000 700 Allocated Mfg. Overhead 1,500 6,000 2,500 7,500 400 Job completed: Jun 30 Sep 1 Oct 15 Nov 1 Not completed Job sold: Jul 10 Sep 12 Not sold Not sold N/A Revenues: 25,000 39,000 N/A N/A N/A What was the balance in Work-in-Process Inventory at year-end? A) $2,800 B) $2,400 C) $2,100 D) $1,100
An employer pays higher wages to Shelly—who has worked with the company for six years—than Samuel, who holds a similar position to Shelly and performs the same functions as her and has worked with the company for only five and a half years
Which of the following is true of this case? A) The employer has violated the Fair Employment Practices Act. B) The employer is liable for disparaged-treatment discrimination. C) The employer is liable for disparaged-impact discrimination. D) The employer may not have violated the Equal Pay Act.