Martin, Who Owned a Piece of Property Along with Two

question 33

Multiple Choice

Martin, who owned a piece of property along with two other tenants, executed a will by which he left all his property to his son.When Martin died, his son received his interest in the shared property and became a tenant with the other two owners.What kind of concurrent ownership would allow such a passage of title?

• A)a joint tenancy
• B)a tenancy in common
• C)a tenancy by entirety
• D)a community property

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Definitions:

Excused Sellers

Sellers who are relieved from the obligation to deliver goods under a contract due to certain conditions that make performance impracticable.

Usage of Trade

A set of practices or behaviors that are widely accepted and used by a particular industry or commercial sector.

Express Terms

Specific conditions and provisions explicitly stated in a contract or agreement.

Trade Usage

Established practices or patterns of behavior regularly observed and accepted in a particular industry or trade.