Which of the following is not a characteristic of a co-ownership?
A)There must be more than one subject or owner.
B)There is one physical whole divided into ideal shares.
C)Each share is definite in amount, but is not physically segregated from the first.
D)The co-ownership has juridical personality.

Question

Quizplus · Accepted Answer

Co-ownerships do not have juridical personality. Juridical personality is a characteristic of legal entities like corporations, not of co-ownerships. In a co-ownership, the owners share rights and responsibilities directly, without the co-ownership itself being recognized as a separate legal entity.

Which of the Following Is Not a Characteristic of a Co-Ownership