What Issues Determine Whether an Affiliated Group Exists

question 68

Essay

What issues determine whether an affiliated group exists?

---

Definitions:

Tenancy in Common

A form of joint ownership or tenancy where each owner holds an individual, undivided interest in the property, and such interests can be of different sizes.

Joint Tenancy

A form of co-ownership of property where two or more individuals hold equal shares, and upon the death of one tenant, their share automatically passes to the surviving tenant(s).

Common Law

A system of law developed from court-made precedents rather than statutes passed by legislatures.

Ambiguous

Something that is unclear, uncertain, or capable of being understood in more than one way.