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blaw Peg and Al Bundy purchased a 2020 LS 500. The car was titled in the names of Peg or AI Bundy. Subsequently, Monopoly Bank
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Peg and Al Bundy purchased a 2020 LS 500. The car was titled in the names of "Peg or AI Bundy". Subsequently, Monopoly Bank obtained a money judgment against Peg for $150,000. The bank claimed that it was entitied to half the value of the Bundys' car because Peg was a joint tenant. Peg claimed that the bank was not entitled to half the value of the car because it was held as tenancy by the entirety. The most likely outcome is The bank will prevail because most states will find that the car was held as tenancy by entirety. The bank will prevail because most states will find that the ear was held as joint tenancy. The bank will not prevail because most states will find that the car was held as tenancy by entirety. The bank will not prevail because most states will find that the car was held as joint tenancy Step by Step Solution
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