Which of the following refers to ownership of property in a residential community by one person?
A. Community property.
B. Severalty ownership.
C. Tenancy in common.
D. Tenancy by the entirety.
Answer: B. Severalty ownership.
Business
You might also like to view...
Which of the following does not represent a major accounting transaction type processed in the purchasing cycle?
A) requisition of goods B) purchase of goods and services C) payment of liabilities D) return of goods to suppliers
Business
The ____ is an estimate of the value of the physical work actually completed.
a. AC b. EV c. RP d. PV
Business