No case study, study questions from study guide 5. Which of the following statem

Question

No case study, study questions from study guide

5. Which of the following statements is/are cotrect? 1. Property titled Joint Tenants with Rights of Survivorship (JTWROS) can only be owned by married couples. 2. Property titled Tenants by the Entirety can only be owned by married couples a. 1 only. b. 2 only c. Both 1 and 2. d. Neither 1 nor 2. 6. Which of the following statements is/are correct? be less than zero. 2. 1f Lisa purchased a car using 30% cash and 70% debt, her net worth would increase by 30%. a. 1 only. b. 2 only. c. Both 1 and 2 d. Neither 1 nor 2.

Explanation / Answer

The correct answers for the same are as follows:-

5 (c); both 1& 2 as they mean the same.

6 (a); 1only as the same is the correct statement.

Hope the same is clarified.

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