Cigar Trade Fun and Games
- Thread starter soupwell
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This may be to easy.
A ship is tied to the pier. There is a rope ladder hung over the side. It has twelve rungs spaced one foot apart. The bottom rung resting on the surface of the water.
The tide is coming in. It rises 1/2 foot per hour. How long will it take to cover five rungs.
A ship is tied to the pier. There is a rope ladder hung over the side. It has twelve rungs spaced one foot apart. The bottom rung resting on the surface of the water.
The tide is coming in. It rises 1/2 foot per hour. How long will it take to cover five rungs.
I will give you that one. Its not because ropes float, but because the ship would rise with the tide, therefore raising the ladder as the ship goes up. But you are right about no rungs being under water.
Good job,,,,, you know what to do.
Good job,,,,, you know what to do.
Allright guys
This is another modifed question out of one of my CPA exam textbooks
This question comes from the regulation part and deals with us laws.
On July4, 1976 Jullian, Ricky, and Bubbles were deeded a peice of land as tenants in common. The deed provided Jullian owned 1/2 of the property and Ricky and Bubbles owned 1/4 each. If Bubbles dies, how will the property be owned?
One guess per day.
This is another modifed question out of one of my CPA exam textbooks
This question comes from the regulation part and deals with us laws.
On July4, 1976 Jullian, Ricky, and Bubbles were deeded a peice of land as tenants in common. The deed provided Jullian owned 1/2 of the property and Ricky and Bubbles owned 1/4 each. If Bubbles dies, how will the property be owned?
One guess per day.
Joined Apr 2006
1K Posts | 2+
South Jersey
Ok here's my tomorrow guess..(so I'm a night owl...)
Since there are unequal partners in this tenancy in common, there is no JTWROS. Tenants in common have no right of survivalship in this case, so the 1/4 share in question would pass on to Bubble's assignees or heirs.
The other owners still retain their entire original stakes in the property.
Since there are unequal partners in this tenancy in common, there is no JTWROS. Tenants in common have no right of survivalship in this case, so the 1/4 share in question would pass on to Bubble's assignees or heirs.
The other owners still retain their entire original stakes in the property.
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