Real property is owner by Baird, Carr and Falk as tenants in common. If Carr dies intestate, to whom will hos ownership interest likely pass?

A. Baird and Falk equally.
B. Baird and Falk as joint tenancy.
C. Carr's heirs.
D. The state, by the law escheat.

Answer: C. Carr's heirs.

Business

You might also like to view...

Which of the following is NOT a planning tip that can make a spot effective?

A) flash the logo or show the package B) try to communicate fringe benefits C) show the brand name to establish identification D) read the audio aloud to catch tongue twisters E) make sentences short and uncomplicated

Business

Bonds Sinking Fund is reported as a liability on the corporation's balance sheet

a. True b. False Indicate whether the statement is true or false

Business