About 10 Years After Their Marriage,Eric and Bev Had Saved

question 22

Multiple Choice

About 10 years after their marriage,Eric and Bev had saved enough money to buy an investment property.First they bought a duplex,which they held as joint tenants,and later they bought a building lot in Surrey,which they held as tenants in common.Eric's will provided that his interest in the duplex would go to their daughter,Lisa,and that his interest in the Surrey lot would go to their son,Max.Indicate the statement that accurately describes who will take what upon Eric's death.

• A) Lisa will get his interest in the duplex and Max will get the interest in the Surrey lot just as the will said.
• B) Bev will get both properties because she and Eric co-owned them both.
• C) Bev will get Eric's interest in the duplex but Max will take Eric's interest in the Surrey lot.
• D) Bev will get Eric's interest in the Surrey lot but Lisa will get his interest in the duplex.
• E) Max will get Eric's interest in both properties as the oldest son.

Differentiate between single episodic and systemic assumptions in strategy choice.

Understand the types of interests in negotiation and their implications.

Appreciate the role of concreteness, specificity, and measurability in goal setting.

Recognize the primary determinants of success in negotiation.

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Definitions:

Ethical Decisions

Choices made based on moral principles and values, considering what is right and fair.

Capacity

refers to the maximum amount that something can contain or the ability of individuals or organizations to perform tasks effectively.

Authentic Leader Characteristics

Qualities that define leaders who are self-aware, maintain high ethical standards, and are transparent and consistent in their actions and decisions, fostering trust.

Exemplifies Authentic Leadership

Demonstrates the qualities of genuine, transparent, and ethical leadership, focusing on openness, self-awareness, and integrity.