CPA QUESTION On July 1, 1992, Quick, Onyx, and Nash were deeded a piece of land as tenants in common. The deed provided that Quick owned half the property and Onyx and Nash owned one quarter each. If Nash dies, the property will be owned as follows:
a. Quick 1/2, Onyx 1/2
b. Quick 5/8, Onyx 3/8
c. Quick 1/3, Onyx 1/3, Nash’s heirs 1/3
d. Quick 1/2, Onyx 1/4, Nash’s heirs ¼ .
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