Barbara, Kim, and Ruby own a piece of property together as tenancy in common. Which of the following statements is true in relation to this form of ownership?

I. Ruby may sell her interest in the property without receiving permission from Barbara or Kim.

II. If Barbara dies, Kim and Ruby automatically receive Barbaras interest in the property.

III. If Kim gives her interest in the property to Ruby prior to death, Ruby may owe gift tax on the transfer.

	a.	I only
	b.	III only
	c.	I and II only
	d.	I, II and III