James Smith and Bill Ross purchased a property together for their business venture with stated proportionate interest of 1/3 and 2/3 respectively without the right of survivorship. Each of them wants his share to be inherited by his wife. They are a partnership and not a corporation. James and Bill most likely took title as:_________A) joint tenants.
B) tenants in common.
C) in severalty.
D) a general partnership.

Answers

Answer 1

Answer:

Answer:

B) tenants in common.

Explanation:

There were two men, first was James Smith, and second was Bill Ross who bought a property mutually for their business venture by declared proportionate interest of 1/3 as well as 2/3 sequentially without the right regarding survivorship. Both of them want their shares to be acquired by their spouses'. Both hold a partnership but not a company. James, as well as Bill, most likely took the title as tenants in common.Because tenants in common possess versatility in whence they divide control as well as assign the rights concerning survivorship. Joint tenants, on the different hand, keep the property in similar shares while a common partnership is a business unit serving separate sharers. Severalty, as asserted beforehand, is individual ownership.

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The value of a car bought new for $28900 decreases 15% each year. Identify the function for the value of the car. Does the function represent growth or decay?

Answers

The function for the value of the car is $v(t)=28900(0.85)^t$ , where $t$ is the time in years. It is a decay function.

It is given that,

The initial value of the car is $28900
Decreasing rate is 15% per year.

Explanation:

The value of car after $t$ years is:

$v(t)=a(1-r)^t$

Where, $a$ is the initial value and $r$ is the decay rate.

The value of car is:

$v(t)=28900(1-0.15)^t$

$v(t)=28900(0.85)^t$

Thus, the required function is $v(t)=28900(0.85)^t$ and it is a decay function because growth factor 0.85 is less than 1.

Learn more:

brainly.com/question/11795335

suraj drives first 120 km in 2 hrs and next 180 km in next 4 hrs. what is his average speed for the entire trip in km per hr.

Answers

Answer:

average speed (v) = total distance / time taken = 120+180 / 2+4= 300/6= 50 km/min

Hope this helps!

Japan sells cars to the United States. Japan considers the cars as Japanese _____. imports
exports

Answers

Answer:

Japan considers the cars as Japanese exports.

Step-by-step explanation:

We are given the statement that,

'Japan sells cars to the United States'.

Now, we know,

Imports - Are referred to the goods brought into the country across the national border, from an external source.

Exports - Are referred to the trade of goods where the goods are sold to another country.

Since, according to the statement,

Japan sells the car to the US. This means that the goods are going out of Japanese border.

Thus, Japan considers the cars as Japanese exports.

export because it is leaving their country

Solve for x. ax+bx=21

Answers

ax + bx = 21

factor out x

x(a + b) = 21
x = 21/(a+b)

ax+bx =21
on factorising x, we get
x( a+b) =21
x = 21/a+b

Natalie charges $1490 per month to rent each of her three rental houses. Natalie must pay $5850 in maintenance cots per house per year. If all three houses are occupied, how much money will Natalie earn over seven years?

Answers

3(1490) = 4470 per month for rent she collects...4470(12) = 53640 per yr
3(5850) = 17550 per year she pays in maintenance cost

over 7 yrs...
53640(7) - 17550(7) = 375480 - 122850 = 252630 <== what she earned

Is 0.789 greater than 0.7 or less then it?

Answers

The answer is 0.789
So that means 0.789 is greater than 0.7
Hope this helps :)

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