Question

John and Jean are married and decide to open three separate accounts for their money. What is the most likely reason for their decision? They have too much money and can’t keep it in a single account. John and Jean are part of a dual-income family. The bank does not allow more than one person to open an account. They want someone else to handle their finances.

Answer 1

On plato the answer is B, which is John and Jean are part of a dual-income family.

Answer 2

There are mostly like reason for their decision are John and Jean are part of a dual-income family. Thus, option (b) is correct.

What is separate accounts?

A managed investment account owned by an investor and designated as a “separate account” is referred to as such.

John and Jean each earn their own salaries and other sources of income, making them a dual income couple. Since one of them is a joint bank account between John and Jean and the other two are separate accounts for each, they probably require three bank accounts.

As a result, option (b) is correct.

Learn more about on separate accounts, here:

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