Klondike and Leola Own 10,000 Shares of Stock in My-T

question 40

Multiple Choice

Klondike and Leola own 10,000 shares of stock in My-T Gro Corporation.On the death of ether owner,that owner's interest in the stock passes to the surviving owner.This is

• A)a joint tenancy.
• B)a life estate.
• C)a tenancy in common.
• D)ownership in fee simple absolute.