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Arthur,Betty,and Clara Each Inherit an Undivided One-Third of an Apartment

Question 62

Multiple Choice

Arthur,Betty,and Clara each inherit an undivided one-third of an apartment complex.Instead of selling it,they decide to continue to operate it for the next few years as a sideline to their other occupations just to see if they can earn some extra money.What are they?


A) A partnership
B) Co-owners only
C) A corporation
D) Tenants in common

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