Analysis of the role and obligation of joint bank account holders. The law and practice. Case study: tanzania

NCHEYE P.REVINA 55 PAGES (11581 WORDS) Law Paper

ABSTRACT

This works the rights and obligation of joint account holder's law and practice is organized in four chapters as follows. Chapter one is on introductory remarks and comprises background to the research problem, statement of the problem, literature review, the hypothesis, and research methodology. Chapter two deals with the historical development of joint account holders and comprises the basic concept and mechanism, the meaning of joint account from vaiious sources, the types of joint accounts, the hist01ical development of joint account internationally, and the introduction of joint accounts in Tanzania. Chapter three addresses the position in Tanzania by looking at the legislative and judicial intervention, the doctrine of survivorship, joint and several liabilities, it also contain the position of India in relation to joint accounts. Chapter four contains conclusion and recommendations.