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Arisa [49]
1 year ago
12

simon recently passed away. he owned title to his property in severalty, as a fee simple absolute estate. what will happen to hi

s property?
Business
1 answer:
Leno4ka [110]1 year ago
8 0

The property will be distributed to his heirs as specified in his will or by state law of descent.

Is a descendant the same as an heir?

Descendant: one who is related to an ancestor in blood. Children, grandchildren, and great-grandchildren are all descendants. Direct Successor or Subject: one who comes from the deceased's immediate family. Children, grandchildren, parents, and grandparents are all included in this.

What to Take Away When a deceased person did not make a formal will and testament, an heir is the person who is legally entitled to receive an inheritance. Beneficiaries who, taking everything into account, acquire the property are youngsters, relatives, or other direct relations of the decedent.

Learn more about property here:

brainly.com/question/615813

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One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280
Harlamova29_29 [7]

Answer:

Total Return on investment=12.678%≅12.68%

Explanation:

Given;

Number of Shares= 300

Purchasing price of each share=$32.60

Total Dividends= $280

Selling price of each share= $35.80

Find:

Total Return on investment=?

Solution:

Total Return on investment=\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}

Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\

Total Return on investment=0.12678

In Percentage:

Total Return on investment=12.678%≅12.68%

3 0
3 years ago
A customer has purchased 200 shares of ABC at $51 per shaer. The stock is now worth $54 and the customer buys 2 ABC Aug 55 Puts
trapecia [35]

Answer:

$200 loss

Explanation:

The customer's paid in total $51 (market price) + $5 per share (put options) = $56 per share. If the investor exercises the put options, he/she will have a net loss of $55 (put option price) - $56 (cost) = -$1 per share. Since the investor had 200 shares, his/her total loss would equal -$1 x 200 = -$200

5 0
3 years ago
Identify What prevented the economy from slipping
iVinArrow [24]
The correct answer is letter B
5 0
3 years ago
Which one of the following statements regarding disclosure is true?
dybincka [34]

Answer:

4

Explanation:

The death on property must be disclosed to buyers by stateagents or owners if the death has occurred within last three years but the manner of death is not requried to be disclosed unless asked by the buyer.

5 0
4 years ago
S) Barkley and James cannot attend training during the exercise. They must attend before 4 May or after 25 May. Identify the con
KengaRu [80]

Answer:

Revealed by

Explanation:

The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document

Therefore the concept i.e used to determine the classification of derivatives is revealed by concept

4 0
3 years ago
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