If a new joint tenants with rights of survivorship account is opened, all of the following statements are true EXCEPT:
A) checks may be drawn in the name of either party.
B) orders may be given by either party.
C) mail may be sent to either party (with the permission of each party).
D) in the event of death, the decedent's interest in the account goes to the other party.
Answer: A) checks may be drawn in the name of either party.