How Can Minors Own Titled Assets

question 66

Multiple Choice

How can minors own titled assets?

• A) Indirectly through a custodial account.
• B) In their own name.
• C) By adding a friend to the title.
• D) Minors can't own titled assets.

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Definitions:

Coagulation

The process of blood changing from a liquid to a gel, forming a blood clot, which is an essential part of hemostasis to stop bleeding.

Agglutination

The clumping together of particles, typically cells or proteins, often caused by an antigen-antibody reaction.

Hemostasis

The process of blood clotting and the cessation of bleeding from a damaged vessel.

Hematopoiesis

The process by which the body produces blood cells, encompassing the formation of red blood cells, white blood cells, and platelets in the bone marrow.