Series 6 - Investment Company And Variable Contracts Products Representative Exam
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Which type of account provides that a tenant's fractional interest in the account be retained by the tenant's estate and not passed to the surviving tenant?
Joint tenants with rights of survivorship
A
Tenants in common
B
Joint account
C
Transfer on death account
D
Explanations
Tenants in common ownership provides that a deceased tenant's fractional interest in the account be retained by that tenant's estate and not passed to the surviving tenant(s).
Pricing
Basic
Part of the questions for each course
-
- Course
- Questions
-
- SIE
- 20 of 150
-
- Series 6
- 30 of 500
-
- Series 7
- 50 of 625