Questions:
There are three questions, each on has to be at least 200 words and in apa format.
Read the Bankruptcy Court case of Brook v. Mitchell (In re Mitchell), 344 B.R. 171, 2006 Bankr. LEXIS 1080, 19 Fla. L. Weekly Fed. B 286 (Bankr. M.D. Fla. 2006).
Link to Case
1. What difference did it make in that case whether the court thought the property was held as tenants by the entireties or as joint tenants with right of survivorship? In light of what you learned from reading this case, what do you see as some of the potential risks of holding property as joint tenants or as tenants in common? Give reasons in support of your answers.
2. Give examples of ways that various regulations might impact the structure of business transactions and explain why you think the regulation might have the effect(s) you identify.
3. Identify one or more industries governed by regulations. What do those regulations require? What agency or entity creates and enforces those regulations?