Anna and John are married in community of property. John is a partner in a medical practice with Fred. Which of the following statements are INCORRECT?
A.
Anna and John are co-owners of their house in bound common ownership.
B.
Anna and John both have to attach their signature to the mortgage document if they want to increase the mortgage of their house.
C.
John and Fred's partnership agreement has the effect that John and Fred are bound common owners of the assets of the partnership.
D.
A and B
E.
B and C
F.
All the statements are correct
1 points
The correct answer is E. B and C are incorrect statements.
Statement B is incorrect because in a marriage in community of property, both Anna and John are joint owners of their house and can make decisions regarding the property without having to sign together for every transaction.
Statement C is incorrect because although John is a partner in the medical practice with Fred, it does not automatically make John and Fred bound common owners of the partnership assets. The partnership agreement may outline the rights and responsibilities of each partner, but it does not create a bound common ownership between them.