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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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Suppose that a small country currently has $4 million of currency in circulation, $6 million of checkable deposits, $200 million
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Please see attachment

Explanation:

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The owner of Marshall Restaurant is disappointed because the restaurant has been averaging 7,500 pizza sales per month, but the
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3 0
3 years ago
15 points!
nordsb [41]

Answer:

rent

Explanation:

The rent expense will be difficult to revise. Usually, the rent amount is contained in a tenancy agreement signed by both the landlord and the tenant. The rent amount does not change until the lease or tenancy agreement expires. Changing the rent amount would require the landlord's consent.

Due to the above reasons, rent is classified as a fixed cost. It remains constant in the short run.

5 0
2 years ago
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price floor and binding

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Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

The minimum price of milk is above equilibrium price. So, it is a binding price floor

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If teenagers can't find jobs due to minimum wages law. It means that the minimum wage must be above equilibrium price. This is because it is when price is above equilibrium price that supply of labour outstrips demand. So, it is a binding price floor

8 0
3 years ago
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