Charles and Monte Must Make a Fair Division of a Cabin

question 36

Multiple Choice

Charles and Monte must make a fair division of a cabin. They use the Knaster inheritance procedure. Charles bids $65,000 for the value of the cabin and Monte bids $57,000. How much value does Monte believe he ends up with?

• A) $30,500
• B) $4000
• C) $57,000
• D) $34,500

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