Sole and separate ownership is known as an estate in severalty.

A surety is primarily liable for paying the principal debtor's debt when it is due in a surety arrangement

Indicate whether the statement is true or false

If the facility lease expense of $384, 000 is allocated on the basis of vehicles in the fleet, the amount allocated to the Car Rental Department would be ________

A) $249,000 B) $255,000 C) $267,000 D) $261,000