What was the outcome of the court's decision regarding Ken, Dale, and James' property ownership?

The correct outcome of the court's decision regarding Ken, Dale, and James' property ownership is partition. Partition refers to the legal process by which co-owners of a property seek to divide their interests in the property. This is often necessary when co-owners cannot agree on what to do with the property, whether it be selling it or dividing it into separate parcels for each owner.

In a partition action, the court can order the property to be physically divided (if feasible) or can arrange for the property to be sold, with proceeds distributed among the co-owners. This legal remedy is designed to resolve disputes among co-owners and allow each party to exercise their individual rights to the property.

Bifurcation refers to splitting a case into two separate parts but is not specifically relevant to property ownership disputes. A parcel usually refers to a specific piece of land and does not directly apply to the legal actions taken regarding ownership. Severalty indicates that property is owned by one individual, rather than multiple parties. Since the question revolves around co-ownership and the courts' intervention to resolve that ownership issue, partition is the appropriate term that accurately describes the court's response.