Examlex

Solved

Which of the Following Is a Form of Co-Ownership That

question 5

Multiple Choice

Which of the following is a form of co-ownership that disallows the right of survivorship and allows unilateral transfer of interest?


Definitions:

Promisor Directly

Pertains to the person who has made a promise or commitment being the one to fulfill that obligation without intermediaries.

Obligee

The individual or entity that is entitled to receive a benefit or payment in a contractual agreement.

Original Parties

The initial entities or individuals who are directly involved in a legal agreement or contract.

Incidental

Referring to something that occurs as a minor or secondary consequence of something else.

Related Questions