This topic contains a solution. Click here to go to the answer

Author Question: Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a ... (Read 624 times)

Medesa

  • Hero Member
  • *****
  • Posts: 507
Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:




After all is said and done, the final allocation to player B is
◦ the house, but player B must pay $155,000 to the estate.
◦ the house plus $5000 in cash.
◦ the house, but player B must pay $145,000 to the estate.
◦ $67,000 in cash.
◦ none of these


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
the house, but player B must pay $145,000 to the estate.



bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
Four heirs (A, B, C, and D) must fairly divide an estate consisting of two items - a house and a cabin - using the method of sealed bids. The players' bids (in dollars) are:




After all is said and done, the final allocation to player C is
◦ the cabin plus $24,000 in cash.
◦ $64,000 in cash.
◦ the cabin plus $29,000 in cash.
◦ $54,000 in cash.
◦ none of these




Kikoku

  • Hero Member
  • *****
  • Posts: 540
Four heirs (A, B, C, and D) must divide fairly an estate consisting of three items — a house, a cabin and a boat — using the method of sealed bids. The players' bids (in dollars) are:




The original fair share of player B is worth
◦ $62,500.
◦ $64,000.
◦ $65,500.
◦ $62,000.
◦ none of these




jwb375

  • Hero Member
  • *****
  • Posts: 540
Four heirs (A, B, C, and D) must divide fairly an estate consisting of three items — a house, a cabin and a boat — using the method of sealed bids. The players' bids (in dollars) are:




In the initial allocation, player B
◦ gets the boat and an additional $53,500 from the estate.
◦ gets the house and pays the estate $134,500.
◦ gets the cabin and an additional $15,500 from the estate.
◦ gets $65,500 cash.
◦ none of these



connor417

  • Sr. Member
  • ****
  • Posts: 329
gets the house and pays the estate $134,500.



plus1

  • Hero Member
  • *****
  • Posts: 676
Four heirs (A, B, C, and D) must divide fairly an estate consisting of three items — a house, a cabin and a boat — using the method of sealed bids. The players' bids (in dollars) are:




The original fair share of player C is worth
◦ $65,500.
◦ $64,000.
◦ $18,000.
◦ $62,000.
◦ none of these




 

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library