Multiple Choice
Why are business partners usually advised to hold property as tenants in common rather than as joint tenants?
A) Each partner has the right to leave their share in their will to a third party and the shares in the property must be equal.
B) The property automatically passes (transfers) to the last living partner and the shares in the property do not have to be equal.
C) The property automatically passes (transfers) to the last living partner and the shares in the property must be equal.
D) Each partner has the right to leave their share in their will to a third party and the shares in the property do not have to be equal.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Which of the following conditions must be
Q39: Under the federal Corporations Act 2001 a
Q40: An accountant has prepared tax returns for
Q41: Which of the following is not a
Q42: Which of the following statements in relation
Q44: Which of the following statements is true
Q45: Which of the following statements is not
Q46: What is the name of the document
Q47: Which of the following is not a
Q48: Mortgages are contracts in which borrowers give