BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A form of ownership that carries the right of survivorship is
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joint tenancy
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ownership in severalty
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tenancy in common
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all of these
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Explanation:
Detailed explanation-1: -A joint tenancy may be created by a Will or deed. There can be also be a tenancy by entirety. This type of co-ownership is exclusively for a husband and wife. Tenancy by the entirety provides the right of survivorship.
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