Prep Schools Offer Social Networks in Which Children of Wealthy

question 104

Short Answer

Prep schools offer social networks in which children of wealthy families can enhance their __________ - those mannerisms and behavior that mark people as a member of the elite.

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Definitions:

Tenancy in Common

A form of ownership where two or more individuals own property together, each holding a distinct, undivided interest.

Joint Tenancy

A form of property ownership by two or more parties who have equal rights to the entire property, including the right of survivorship, so when one owner dies, their share automatically passes to the surviving owners.

Right of Survivorship

A legal principle in real estate that allows property to automatically pass to the surviving owner(s) upon the death of another owner.

Joint Tenants

Property owners holding property under joint tenancy, where each has an equal and undivided right to keep or dispose of the property.