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marta [7]
2 years ago
7

simon and jeffrey are a married couple. they had taken title of a condo before they married with simon owning 30% and jeffrey ow

ning 70%. simon dies. simon's share of the condo passes on to his brother kelly. how had simon and jeffrey taken title?
Business
1 answer:
jasenka [17]2 years ago
7 0

The kind of title that Simon and Jeffery had taken is called Tenancy in Common Title.

<h3>What is Tenancy in Common Title?</h3>

Two or more people hold title to real land jointly under tenancy in common (TIC), with equal or uneven amounts of ownership. For example, Sarah may have a 40% stake in a property whereas Bob has a 60% interest.

At the same time, the persons mentioned on the title share all elements of the property. That example, Sarah is not limited to accessing only 40% of the physical property or 40% of the time.

Each owner is entitled to utilize and occupy the entire property. The proportion of interest merely establishes the financial ownership of the property.

Learn more about Property Title:
brainly.com/question/14998321
#SPJ1

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What is the most important factor to you in choosing a job?
GarryVolchara [31]

Explanation:

1. Salary: Yes it is the salary which comes top most. Everybody needs money and each and everyone expects different salary based on their skills.

2. Career prospects: Career prospects are higher important than the salary. Only if the organization can provide space for growth, then only the job seems to be good.

3. Training and Development: This is one of the important aspect to upskill oneself. The upskill supports both personal growth and the growth of the organization.

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3 0
3 years ago
Companies that outsource research and development and design jobs:
MissTica

Answer:

The correct answer is letter "B": run the risk of overseas companies using the information to produce competitive products.

Explanation:

Outsourcing is an approach used by companies to take part of their operations abroad where labor costs and materials are cheaper. This is a good strategy to avoid being subject to stiff regulations imposed by the government that could affect the business.  

Though, <em>the disadvantages of outsourcing rely on the loss of the quality control of the output, assigning duties to the unskilled workforce or the fact that the outsourced manufacturers can filter the technology of the company to competitors to produce imitations.</em>

4 0
3 years ago
The average total cost curve and the marginal cost curve are related in that:
Serga [27]

Answer:

C. the MC curve passes through the minimum point of the ATC curve.

Explanation:

Marginal cost is the cost of producing additional unit, it is upward sloping as generally the cost that is additional as it tends to increase with increase in output.

Whereas Average Total Cost is a U shaped curve, it basically starts from a high point and then tends to decrease as the increase in number of units with constant fixed cost tends to decrease the average, but ultimately after it reaches its lowest point it tends to increase because now to produce units, there is extra cost required.

The Marginal Cost Curve touches the Average Total Cost curve at its lowest.

3 0
2 years ago
Colors of cars in a mall parking lot is?
juin [17]

Answer: Categorical

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Categorical data refers to data that enables variables to be grouped into categories but in such a way that there is no ordering to the categories.

In this scenario, the cars will be grouped by their colors but these colors cannot be ordered by saying that red is higher than blue or yellow is higher than white. It is therefore Categorical data.

6 0
2 years ago
KRD Supplies Corporation provided the following information for the year:Beginning Balance—Work-in-Process Inventory $24,000Endi
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The amount of the manufacturing overhead costs is $314,000

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The computation of the manufacturing overhead cost is shown below:

= Indirect Labor  + Depreciation on Factory Plant and Equipment + Plant Utilities and Insurance

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