User:REECED1/sandbox

The definition I provided for joint account has been vandalized. An account is not owned by business partners. Instead, the account is owned by the business entity. A business is a separate entity. A business account is not a joint account. A club committee is not a corporation.

A Joint account is a personal property owned by more than one person, commonly referred to as joint-owners. Joint ownerships are not created by preference or agreement, but instead, arise from legal interest or legal right, existing during the time of acquisition.