Matthew,Mark,Luke,and John Are Four Brothers

question 63

Multiple Choice

Matthew,Mark,Luke,and John are four brothers.They equally share ownership of a piece of land.Each brother holds an undivided quarter interest.The first three brothers inherited their interests in the land from their father.John acquired his interest by buying it from his sister,Mary.Which of the following statements is TRUE?

• A)If John dies first,his interest must automatically pass to Matthew,Mark,and Luke.
• B)If Mark earns $8000 in profits by selling wheat that was grown on the land,Mark,Luke,and John are legally entitled to share in that money.
• C)Each brother is entitled by law to exclusive possession of one quarter of the entire property.
• D)All four brothers are joint tenants.
• E)Matthew may be a joint tenant with respect to Mark,but a co-tenant with respect to John.

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Definitions:

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Major External Factors

Key influences originating outside of an organization that can significantly impact its performance and strategy, such as economic, social, technological, and political conditions.

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Two or more businesses offering products or services that directly compete against each other.

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