Alice and Bernice are sisters. They shared the ownership of a boat as joint tenants with rights of survivorship. Alice sold her interest to Morris. Bernice passed away and Morris claims the property is now his. Is Morris correct? Why or why not?
 

2. Acme Furniture Repair Co. agreed to reupholster Daisy's couch. After the work was completed, the couch was ruined due to a terrible rainstorm because Acme's roof leaked. Acme was aware that its roof leaked, but this storm was worse than previous rainfalls.  Daisy sues for damages to the couch and Acme sues Daisy for payment for the services rendered. Who wins the lawsuits? Why?

Answer rating: 100% (QA)

1 Alice Bernice and Morris Boat Ownership Morris is not correct He does not own the boat after Bernices passing Heres why Joint tenancy with rights of ... View the full answer