Which of the Following Would Be the Most Likely Result

question 50

Multiple Choice

Which of the following would be the most likely result regarding Mina's claim to the house?

• A)She receives only a life estate with the remainder going to David when she dies.
• B)She must provide David with a one-half interest in the house only because her mother did not live longer than 6 months following the death of Oscar.
• C)Because of the form of ownership previously held by Leona and Oscar,she only receives a portion of the ownership of the house with the remainder being held by any other children of Leona or Oscar,including David.
• D)She receives all her mother's things including the house.
• E)She does not receive anything because the entire title had already passed to David.

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Definitions:

Push System

A type of inventory control system where products are manufactured or acquired based on forecasted demand, pushing products towards the consumer without immediate demand signals.

JIT

Just-In-Time, a production strategy aimed at reducing in-process inventory and associated carrying costs by producing and delivering products just as they are needed.

Service Organizations

Entities that primarily offer intangible goods to consumers through the provision of services instead of physical products.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as cost, product differentiation, and market access.