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Business
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Business Law Principles and Practices
Quiz 29: Basic Legal Concepts of Property
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Question 41
Short Answer
A joint tenancy consisting of a husband and wife is known as a tenancy ____________________.
Question 42
Essay
The Martins lived in a community property state. Mrs. Martin inherited $80,000 from an uncle. Is her husband entitled to claim $40,000 as community property?
Question 43
Short Answer
A(n) ____________________ is a word or symbol used to identify a company or a product.
Question 44
Essay
Jensen purchased a six-room house for himself and his daughter. Jensen wishes to have a deed that states that, in case of the death of either of them, the other is to own the house. What form of ownership should Jensen choose?