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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
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Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou
ASHA 777 [7]

Answer:

option 3 is correct answer that is $ 25000

Explanation:

Annual dividend paid to stakeholder = 5000\times $50\times 8% =$20,000

Dividend declared and paid in 2013 = $15,000

Preferred dividend = $20,000 -$15,000

                                = $5,000

since the available stocks are cumulative, No dividend has paid to common stockholders in the year  2014 until dividends in 2013 and annual dividends for the year  2014 are paid in full

therefore, $60,000 dividends declared and paid in 2014, the preferred stock holders will receive $5000 for 2013 dividend  and $ 20,000 for 2014 dividends

total dividends received by preferred stock holder in 2014 $5000 + $20,000

= $25,000

5 0
3 years ago
"other things being​ equal, which market structure would produce the least output and the highest average product​ price
weqwewe [10]

Answer:

The answer is monopoly.

Explanation:

Monopoly is a market type where there is only one producer that is capable of manufacturing a certain product. In this type of market, the producer is capable of producing the smallest amount of products and setting the price that the consumers should pay to purchase the product. The former is possible mainly because the company is capable of knowing how many products do they need to manufacture to achieve the target profit – their sales projection tends to be more accurate than other companies that operate in a different market type.

5 0
3 years ago
Knowing that you are buying one pound of bread is part of _____. contract enforcement property rights standards for weights and
SSSSS [86.1K]

<span>Knowing that you are buying one pound of bread is part of your rights as a buyer in the market. Because first and foremost, you give out your money and you are buying every crumble of the bread, meaning you already owned it.</span>

3 0
3 years ago
Read 2 more answers
disposable income (billions of dollars per year) total consumption (billions of dollars per year) $ 0 $ 50 200 210(table 9.1) wh
katovenus [111]

C = 50 + 0.8Y is the consumption function that is consistent with the provided data. The MPC is determined by subtracting the change in consumption from the change in disposable income, which equals 160/200, or 0.8.

Marginal propensity calculation.

$200 billion less $0 billion equals $200 billion in changes to disposable income.

Consumption change equals $210 minus $50, or $160 billion.

MPC = Change in Consumption/Change in Disposable Income, which equals $160 billion/$200 billion and is equal to 0.8.

There is a 0.8 marginal tendency to consume.

Step 2

This is how consumption function is defined.

C = a + bY

Where,

a = Consumption at zero income level

b = MPC

In given case,

$50 billion would be consumed at a level of income zero.

MPC is 0.8

So,

C = 50 + 0.8Y is the consumption function that matches the provided data.

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4 0
1 year ago
What are 3 benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant
kipiarov [429]

Answer:

The answer is below

Explanation:

There are quite some benefits of adding non-QuickBooks Online clients to your Client List in QuickBooks Online Accountant, in which three amongst them are:

1. It gives the opportunity to keep all the clients' data, including documents in a specific place together

2. It gives the user a chance to easily transfer to clients, the saved documents in QuickBooks Online Accountant

3. A user can easily create projects and tasks for non-QuickBooks Online clients in the work tab in order to meet some crucial clients deadlines.

3 0
3 years ago
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