Multiple Choice
Choose the one most appropriate answer for each.
-ownership by two or more persons at the same time
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:

Verified
Correct Answer:
Verified
Q8: Choose the one most appropriate answer for
Q9: A tenant in common<br>A) has survivorship rights.<br>B)
Q10: Choose the one most appropriate answer for
Q11: Choose the one most appropriate answer for
Q12: Hallie and Wally, husband and wife, owned
Q14: The surviving co-owner may automatically inherit the
Q15: Choose the one most appropriate answer for
Q16: The most distinguishing characteristic of joint tenancy
Q17: Which of the following is required to
Q18: Choose the one most appropriate answer for