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:

Licensees

Individuals or companies granted the rights to use a property or technology owned by another entity.

Joint Venture

A separate company jointly owned by two or more other companies.

Ally Strategy

A strategic approach where entities align or partner with others to achieve common goals, leveraging each other's strengths.

Hybrid Mode

A combination of different methods, systems, or designs, often referring to working environments that blend in-office and remote work practices.