BUSINESS ADMINISTRATION
BUSINESS LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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occupancy
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accession
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tenancy
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Detailed explanation-1: -The right to all that one’s own property produces, whether that property be movable or immovable; and the right to that which is united to it by accession, either naturally or artificially. The right to own things that become a part of something already owned.
Detailed explanation-2: -A joint tenancy is one of the most common types of land ownership. One of the most important aspects of a joint tenancy agreement is the right of survivorship. This means that if one or multiple tenants die, the ownership passes on to the surviving tenant.
Detailed explanation-3: -intangible property created by the intellect and includes copyrights, service marks and trademarks, patents, and trade secrets.
Detailed explanation-4: -Ownership of real property by two or more persons is commonly referred to as “co-ownership, ” “cotenancy” or “concurrent ownership.” There are four traditional forms of co-ownership in California: (a) tenancy in common, (b) joint tenancy, (c) partnership, and (d) community property.