The person that owns the property is : The living twin.
<h3>What is joint tenancy ?</h3>
Joint tenancy can be defined as the process in which two or more people jointly own a property.
Hence, the living twin owns the property based on the fact that in joint tenancy If one of the owner dies the property will be giving to the remaining owner which means that you cannot give the property to another person in your will.
The complete question is:
A property owner owned a tract of commercial property that he conveyed in joint tenancy to his twin sons as a birthday present. Unfortunately, a few years after the conveyance, the property owner and his sons had a serious falling out over how to run the family business. The property owner no longer wished the sons to control valuable commercial property, and so he demanded that they return the deed with which he conveyed the property to them. The sons returned the deed, and the property owner destroyed it. A few months later, one of the twins learned that he was seriously ill and not likely to live much longer. He executed a quitclaim deed conveying "any interest I have in the commercial property conveyed to me and my brother from my father" to his daughter. The twin who conveyed the property subsequently died.
Who owns the property?
A. The living twin.
B. The property owner.
C. The living twin and the deceased twin's daughter as tenants in common.
D. The living twin and the deceased twin's daughter as joint tenants.
Learn more about joint tenancy here:brainly.com/question/12932972
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<span>This arrangement involved Milken parking in the parking spot for half of the week and Boesky parking in the space for the other half of the week. Due to the fact that they aren't parking in the spot full time, they will be saving money, which is mutually beneficial.</span>
Answer:
Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units
Explanation:
The profit for Toaster Ovens and Bread Machines is $10 and $90 respectively; thus
six toaster ovens per machine hour will generate profit of $60 = ($10 *6)
four bread machines per machine hour will generate profit of $360 = ($90 *4)
In the same machine hour the profit from Bread machines are significantly higher then Toaster over. Thus to maximize profit, Santora Company should manufacture Bread machine only.
The unit of Bread machine can be produced in 2,000 machine hours is 8,000 units (= 2,000 * 4)
The profit for 8,000 units of Bread machine is $720,000 = (8,000 * $90)
Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the <em>apparent</em> King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
Answer:
B. increases; increases
Explanation:
<em>As the interest rate increases, the money invested today will bring higher interest in the future. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive $1,040 after one year, if the interest rate is 6% your money will become $1,060
<em>Future value should be higher the longer money is invested because the borrower should be able to do more activities that bring profit. </em>
For example if you lend $1,000 and the interest rate is 4% you will receive 1,000x(1+0.04) = $1,040 dollars after one year and 1,000x
= $1081 after 2 year
