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Question 6 (1 point) Listen FP10-1.1 Lawrence, Miranda and Jim are adult siblings. They are all married and have two children each. Lawrence and Miranda

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Question 6 (1 point) Listen FP10-1.1 Lawrence, Miranda and Jim are adult siblings. They are all married and have two children each. Lawrence and Miranda live in Ontario, and Jim lives in British Columbia. When their parents passed away, they inherited the family cottage, which they currently own as joint tenants. The cottage is in northern Ontario, which is convenient for Lawrence and Miranda, but less convenient for Jim. Lawrence and Miranda spend several weeks per summer there with their families, whereas Jim and his family go only once every three years. Jim is considering selling his share of the cottage. Select the statement that is true. )a) If Jim does not sell his share of the cottage while he is alive, his share will pass to Lawrence and Miranda, and his family and/or estate will have no rights to it. Ob) If Jim does not sell his share of the cottage while he is alive, he can direct his share to anybody he wishes through his will. c) If Jim does not sell his share of the cottage and he dies, his share will pass to his wife, who will become a joint tenant with Lawrence and Miranda O d) In order to sell his share of the cottage, Lawrence and Miranda must agree with Jim that this is the best thing for him to do

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