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Why should real estate be omitted from an inventory of estate property?
a. Real estate is subject to a separate inheritance tax.
b. State laws prohibit real property from being conveyed by an estate.
c. State laws require a separate listing of all real estate.
d. In some states, depending on the ownership, real estate is considered to be conveyed directly to a beneficiary at the time of death.
Use Venn diagram to answer the given question.
The human resources director for a commercial real estate company received the following numbers of applications from people with the given information:
66 with sales experience;
40 with a college degree;
23 with a real estate license;
26 with sales experience and a college degree;
16 with sales experience and a real estate license;
15 with a college degree and a real estate license;
11 with sales experience, a college degree, and a real estate license;
22 with neither sales experience, a college degree, nor a real estate license.
(a) How many applicants were there?
(b) How many applicants did not have sales experience?
(c) How many had sales experience and a college degree, but not a real estate license?
(d) How many had only a real estate license?
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