Jayda started a corporation that creates software products for clients. which statement correctly reflects jayda’s role in the corporation?
a.
jayda owns the company’s assets.
b.
jayda bears all of the liabilities of the company.
c.
jayda may choose to trade the corporation’s shares as common stock.
d.
jayda assumes responsibility for all of the debts of the company.

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?