Use the Following Information to Answer the Questions:
Ashley, Brook

question 52

Multiple Choice

Use the following information to answer the Questions:
Ashley, Brook, Chris, and Dana must make a fair division of the estate of their uncle Bob. The estate consists of a farm house, a car, and a horse. Using the Knaster inheritance procedure, the value each person places on each item is shown below. $$\begin{array} { l l l l l } \text { Item Ashley } & \text { Brook } & \text { Chris } & \text { Dana } \\\text { House } & \$ 35,000 & \$ 50,000 & \$ 48,000 & \$ 42,000 \\\text { Car } & \$ 3000 & \$ 2500 & \$ 2750 & \$ 2800 \\\text { Horse } & \$ 6000 & \$ 5800 & \$ 6250 & \$ 5200\end{array}$$
-What value does Chris end the fair division with?

• A) $9731
• B) $14,250
• C) $15,981.25
• D) $1731.25

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Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, meant to harmonize the law of sales and other commercial transactions.

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or production.

Nonconforming Goods

Nonconforming goods are products delivered under a contract of sale that fail to meet the quality, specification, or performance requirements outlined in the agreement.

Reject

To refuse to accept, submit to, believe, or make use of.