A Joint Tenant Cannot

question 1

Multiple Choice

A joint tenant cannot

• A) build a permanent structure on the property.
• B) move a mobile home onto the property.
• C) give his or her interest to heirs in a will.
• D) use or possess the property in any way.

---

Definitions:

Total Utility

The total satisfaction or benefit received by consuming a given total quantity of a good or service.

Market Equilibrium

A market state where the supply of goods matches demand, with no incentive for price to change.

Total Utility

The overall satisfaction or pleasure a person derives from consuming a certain amount of goods or services.

Marginal Utility

The additional satisfaction or utility received by consuming one more unit of a good or service.