Which of the Following Is a Disadvantage of Joint Ownership

question 13

Multiple Choice

Which of the following is a disadvantage of joint ownership?

• A)Jointly owned assets avoid probate.
• B)It makes it legal for one party to "take the money and run."
• C)It discourages compromise in the case of a divorce.
• D)None of the above is a disadvantage of joint ownership.

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Definitions:

Self-defeating

Behaviors or thought patterns that undermine one's own success or well-being.

Cognitive Model

A theoretical construct that represents how cognitive processes work to help us understand and predict behavior.

Maladaptive Behavior

Actions or tendencies that are counterproductive to oneself or others, often negatively impacting functioning and well-being.

Irrational Beliefs

Thoughts or ideas that are not based on reality or logical reasoning, often leading to negative emotions.