Through a valid will, property may be left to minor children directly without the use of a trust arrangement

A 3-for-1 stock split of a $3 par value share will result in three shares of $1 par value being issued for each share of $3 par value stock

Indicate whether the statement is true or false

The type of development where an owner obtains an individual deed to their living unit and has an undivided interest in all the land and common areas:

a. planned unit development b. community apartment c. stock cooperative d. condominium