Examlex

Solved

A Relationship Between the Instances of a Single Entity Type

question 12

Multiple Choice

A relationship between the instances of a single entity type is called a ________ relationship.


Definitions:

Co-ownership Interests

Legal rights and interests held by individuals or entities that own property together, entitling them to use, profit from, or dispose of the property jointly.

Tenancy in Common

A form of co-ownership where each owner possesses a fractional share of the entire property, but there is no right of survivorship.

Joint Tenancy

A form of co-ownership where two or more persons hold an equal share in a property, with the right of survivorship upon the death of one owner.

Life Estate

A property interest that lasts for the life of a specific individual, after which ownership can revert to another person or entity.

Related Questions