A Pay-On-Death (POD) Account Is Also Called a

question 27

Multiple Choice

A pay-on-death (POD) account is also called a

• A) Totten trust.
• B) joint account.
• C) life estate.
• D) partnership account.

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Definitions:

War on Terrorism

A global campaign launched by the United States in response to the September 11, 2001 terror attacks, aiming to eliminate international terrorism.

United States

A country located in North America consisting of 50 states and known for its significant influence on global politics, economy, and culture.

Basic Question

In economics, refers to fundamental queries about how to allocate scarce resources to satisfy human wants.

Economy

The system of production, consumption, and distribution of goods and services within a geographical region.