Which of the following statements concerning ownership of property in the form of a joint tenancy with right of survivorship is (are) correct?

Which of the following statements concerning ownership of property in the form of a joint tenancy with right of survivorship is (are) correct?

I. Either real or personal property may be owned as a joint tenancy with right of survivorship.

Il. Nonqualified joint tenants with right of survivorship may have unequal separate shares of the property.
A . l only
B . II only
C . Both I and ll
D . Neither I nor II

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Answer: A