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Julli [10]
3 years ago
15

Larry and May own real property equally as tenants in common. Larry dies and in his will, he gave his real property to Kari. Who

is the owner of the property?
Business
1 answer:
Vedmedyk [2.9K]3 years ago
5 0

Answer:

According to law, the gift in lifetime means that the asset is legally owned by the person who receives the gift. But in this case, Larry has died and had left his assets behind which has to be distributed according to his will statement and the residue will belongs to his family members. The first thing here is the inheritance tax payment on these assets must be paid by the Owner Kari to have the right to use this asset.

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3 years ago
Read 2 more answers
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Answer:

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Explanation:

The paradox of saving or paradox of frugality or paradox of austerity suggests, according to the Keynesian economic aspect, that if all the inhabitants try to save more, that is to say to dedicate to saving a greater percentage of their income, the aggregate demand will fall, the production will fall and the total population savings will be equal or lower.

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NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

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3 years ago
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According to Philip Kotler, “Marketing is a human activity aimed at satisfying needs and desires through a process of exchange.” Business goals for profit: 1. To make a profit, sell must be done.

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