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EleoNora [17]
2 years ago
15

Debbie and Chris are a married couple in California. When they purchase their first home together, they want to make sure that i

f one of them dies, the other will inherit ownership of the property. How should their ownership be recorded on the deed
Business
1 answer:
blsea [12.9K]2 years ago
8 0

The ownership on the deed has to be recorded as  a community property with right of survivorship.

<h3>What is a community property?</h3>

This is a property that is used to show that a married individuals assets. It is also referred to as a marital property regime.

Such are assets that were owned during the course of the marriage. Inheritance cannot be regarded as such.

Read more on community property here: brainly.com/question/13139218

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When the Midwest flight attendants first looked at the terms of their contract and asked if they were being treated unfairly, th
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2 years ago
Commercial banks, savings and loan associations, and credit unions Multiple Choice
Phantasy [73]

Answer:

The correct answer is letter "D": accept deposits and make loans.

Explanation:

Commercial banks are the most common financial institutions there are allowing people have access to<em> deposits, loans, Certificate of Deposits (CDs), mortgages, credit cards, </em>and <em>mutual funds </em>among a wide variety of investment and credit instruments.  

At a lower level, savings and loan associations and credit unions offer deposits and loans but the first ones share the money pooled among its members who share profits and credit unions are non-profit entities mainly formed by employees of the same organization.

7 0
2 years ago
The negative impact of the coronavirus on businesses​
Pie

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3 0
3 years ago
Turkey Corp., a cash basis calendar year C corporation in Savannah, Georgia, has $100,000 of accounts receivable on the date of
Viefleur [7K]

Answer:

The correct answer is $24,500.

Explanation:

According to the scenario, the given data are as follows:

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5 0
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