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Choose the One Most Appropriate Answer for Each

Question 65

Multiple Choice

Choose the one most appropriate answer for each.
-each joint tenant must acquire his or her ownership interest at the same moment


A) community property
B) concurrent ownership
C) estate in severalty
D) general partnership
E) illiquidity
F) inter vivos trust
G) joint tenancy
H) limited liability company
I) limited partnership
J) poor man's will
K) right of survivorship
L) S corporation
M) separate property
N) tenancy by the entirety
O) tenants in common
P) undivided interest
Q) unity of interest
R) unity of possession
S) unity of time
T) unity of title

Correct Answer:

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