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

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In a joint tenancy, each owner owns an equal share of the property, and upon the death of one owner, their share automatically passes to the surviving owner(s). This is the most likely scenario in this case, as the passage of ownership on death is specifically mentioned. Option B, tenancy by the entirety, applies only to married couples and would not be appropriate in this situation. Option C, tenancy in common, would allow each owner to have a specific percentage of ownership and would require a will or other legal instrument to pass ownership on death. Option D, ownership in fee simple absolute, is a type of ownership where the owner has complete control over the property and can sell or give it away as they see fit, and is not relevant to the scenario described.

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