The group of unrelated people who are buying property together as co-owners will likely either own it as tenants in common or <u>joint tenancy</u>.
<h3>What is a tenants in common?</h3>
This is when each tenant in common has the right to possess and enjoy the entire property and can go into possession of the whole unless another co-tenant objects.
<h3>What is a
joint tenancy?</h3>
In the legal terms, it refers to the title property that exist when multiple individuals purchase it together with equal interest in and equal rights to the property.
Therefore, the group of unrelated people who are buying property together as co-owners will likely either own it as tenants in common or <u>joint tenancy</u>.
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Market because it promotes competition which in return lowers prices and increases quality
Answer: Arbitrage
Explanation:
Arbitrage occurs when an economic agent such as an individual buys and sells currencies, securities, or commodities in several markets simultaneously so that the individual can take advantage of the different prices that is charged for the same asset. This is the method that is being used by Ryan in the question.
Answer:
The value of the firm's stock is $703,920
The price is $5.63 per share ($703,920/125,000 shares)
Explanation:
a) Data and Calculations:
Free cash flows = $200,000
Present value of the free cash flows = $200,000 x Annuity Factor, for 5 years at cost of capital of 15% x (1 + growth rate)
= $200,000 x 3.352 x 1.05
= $703,920
Therefore, common equity = $703,920
To calculate Company XYZ's free cash flows in their present value, they are discounted, using the present value table. The resulting amount is equivalent to the value of the common stock. The company's free cash flow is the amount that is left after settling operating expenses and capital expenditure.
Final offer arbitration is often regarded as a public process only meant for disputes that are monetary in nature.
The true statements about final offer arbitration are:
- It reduces the chilling effect of conventional arbitration.
- It requires the arbitrator to select between the union's or the employer's final offer
Final offer arbitration as a public process when applied to individual is used when an individual and the other party want to a dispute are are unable to resolve the matter through mediation.
In final-offer arbitration, the two parties that are involved in the dispute often submit final offers to an arbitrator.
The arbitrator then chooses the binding solution that matches the one that is closest to his own view of the right outcome
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