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Four siblings, Wendy, Xavier, Yasmine, and Zachary, inherit a house. Suppose that Wendy considers the house to be worth $400,000 Xavier considers it worth $450,000
Four siblings, Wendy, Xavier, Yasmine, and Zachary, inherit a house. Suppose that Wendy considers the house to be worth $400,000 Xavier considers it worth $450,000 Yasmine considers it worth $450,000 Zachary considers it worth $380,000 (a) What is each sibling's minimum fair share amount? b)Is the following a fair division, according to our definition of that term, and specifically why or why not? No one gets the house. Instead it is sold for $400,000 so each sibling receives $100,000 in cash. C)Is the following a fair division, according to our definition of that term, and specifically why or why not? Xavier gets the house. He pays each of his siblings $110,000 in cash.
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