![ellenweiklee8581](/avatars/29265.jpg)
ellenweiklee8581
03.03.2020 •
Business
Tenants in common vs joint tenants with rights of survivorship
Solved
Show answers
More tips
- S Sport Running: How to Do It Right?...
- F Food and Cooking How to Cook Spaghetti Right – Secrets and Tips...
- P Philosophy Personal attitude towards Confession: how to prepare and undergo the procedure correctly?...
- H Health and Medicine Flu: How to Recognize It by the First Symptoms?...
- F Food and Cooking How to Sober Up Quickly? Important Facts and Tips...
- H Health and Medicine How to Properly Take a Blood Sugar Test?...
- H Health and Medicine Simple and Effective: How to Get Rid of Cracked Heels...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
Answers on questions: Business
- B Business What is a down payment? a. the first payment a borrower makes on the principal of a loan b. a cash payment made by the borrower of a percentage of the total cost of the...
- B Business Agencies are crucial to modern business relationships, since it is almost impossible for the owner of a business to conduct all transactions without true or false?...
- B Business Justification for the method of determining periodic deferred tax expense is based on the concept ofa. matching of periodic expense to periodic revenue.b. objectivity...
- B Business Aresource s is the additional output that can be produced by adding one more unit of a specific input, ceteris paribus, while is the average amount produced by each unit...
- B Business The bright lamp company has budgeted its conversion cost for the small lamp production as $85,000 for 1,300 production hours. each unit produced by the cell requires 15...
- B Business Major corporation is acquiring abrams company by issuing its common stock in a nontaxable exchange. major is issuing commons stock with a fair value of $850,000 for net...
- B Business Carla is 52 years of age. she has been laid off twice in her life, once when her employer downsized and once when her organization was acquired by a rival company. she...
- B Business When choosing clothes for an interview, a good rule of thumb is to dress_the job you are applying for...
- B Business Direct materials inventories are kept in pounds for Cat Company, and the total pounds needed for production in the current period is 14,000. If the beginning inventory...
- B Business Gen-Supply reminds employees that its ï¬agship product used to cost the company $154 tomanufacture when the company launched ten years ago. Now, the same product costs...
Ответ:
When two or more people own community property like a home, either as joint tenants or tenants in common, each individual owns a share (or interest) of the entire property
Explanation:
SIMILARITY
When two or more people own community property like a home, either as joint tenants or tenants in common, each individual owns a share (or interest) of the entire property. This means that specific areas of the property are not owned by one individual, but rather shared as a whole.
DIFFERENCE
1. Ownership Interest : Tenants in common may be created at different times; so an individual may obtain an interest in the property years after the other individuals have entered into a tenancy in common ownership BUT Joint tenants, on the other hand, must obtain equal shares of the property with the same deed at the same time.
2. Right of Survivorship : One of the main differences between the two types of shared ownership is that Joint tenants have right of survivorship and tenants in common do not.
One of the main differences between the two types of shared ownership is what happens to the property when one of the owners dies.
In Joint Tenants the interest of a deceased owner automatically gets transferred to the remaining surviving owners but not the case in tenants in common.
Ответ:
Minimum transfer price = $1.17
Explanation:
The Can Division is operating at full capacity, hence it has no excess capacity .
This implies that it can not produce enough to meet both the internal and external buyers.
Since Division X can not accommodate the demands of the Packaging Division at a price lower than the external price, because it will result to a loss in contribution.
To maximize and optimize the group profit
Minimum transfer price = External selling price - savings in internal transfer cost
= $1.20 - 0.03 = $1.17
Minimum transfer price = $1.17