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Which of the Following Is True Regarding Minors

Question 91

Multiple Choice

Which of the following is true regarding minors?


A) Minors cannot, under law, own property and assets.
B) Minors are allowed, under law, to own property and assets, but they must be supervised.
C) Minors cannot own an IRA.
D) Minors cannot own land.

Correct Answer:

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