If three individuals have a tenants in common account with your firm and one individual dies, then:
A) the two survivors continue as co-tenants with the decedent's estate.
B) the account must be liquidated and the proceeds split evenly between the two survivors and the decedent's estate.
C) trading is discontinued until the executor names a replacement for the deceased.
D) account is converted to joint tenants with rights of survivorship.
Answer: A) the two survivors continue as co-tenants with the decedent's estate.