An Individual Checking or Savings Account Can Be Set Up

question 43

Multiple Choice

An individual checking or savings account can be set up to go automatically to another person when the depositor dies if it is set up as a(n)

• A)payable at death account.
• B)obituarial account.
• C)estate account.
• D)joint tenancy account.

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Definitions:

Time Frames

The period during which an action, event, or process occurs or is expected to occur, often influencing planning and decision-making processes.

Behavior

The actions or reactions of an organism or a system, usually in response to its environment.

Priming

A psychological process where exposure to a stimulus influences the response to a subsequent stimulus, often without conscious guidance or intention.

Act Fast

A directive encouraging immediate or swift action, often used in situations requiring urgent response.