When John Lacey’s car was stolen, he filed a complaint with…

When John Lacey’s car was stolen, he filed a complaint with the police. The police successfully traced the car to a professional auto thief and returned it to John. When John got his car back, he realized the thief had installed a new engine, new tires and put a new stereo and sound system into his car. The value of John’s car is said to have undergone a(n)

Karen, Kelsey, Rita and Lizzi own a commercial building as c…

Karen, Kelsey, Rita and Lizzi own a commercial building as concurrent owners. They are tenants with right of survivorship. Lizzi transfers her one-quarter interest in the building to a private charity organization owned by Stella. Which form of concurrent ownership would allow Karen, Kelsey and Rita to become the owners of the property following Lizzi’s death without the inclusion of the private charity organization run by Stella?