What is the ownership status of K after U's death if they had no written partnership agreement?

When there is no written partnership agreement between partners, the default ownership status upon one partner's death is typically that of tenants in common. This means that each partner holds an individual, separate share of the property, which does not automatically transfer to the surviving partner.

In this scenario, with U's death and the absence of any stipulations in a partnership agreement, K would inherit U's share of the partnership as a tenant in common. This arrangement allows for the decedent's share to pass to their heirs or beneficiaries according to the laws of intestate succession if there is no will.

This contrasts with a joint tenancy, where surviving partners automatically receive the deceased partner's share, which isn't applicable here due to the lack of a written agreement. The mention of stockholders in their own corporation is not relevant because the question pertains specifically to partnership ownership, not corporate structures. Lastly, stating that U died intestate refers to the absence of a will but does not directly explain the ownership status of K following U's death. Thus, the most accurate representation of the ownership status is that K and U were tenants in common.