Husbands and wives who own a checking or savings account together would most likely want to set up the account with

correct answer is joint tenancy.

Explanation:

Husbands and wives set up an account with joint tenancy  because

joint tenancy account is that account which is owned by at least two or more adult  by rights of survivorship

and in this account both have equal rights for the account assets

and if anyhow one partner or spouse dies  then another member will receive all money and property etc

so that many married couples and business partner choose joint tenancy  

so correct answer is joint tenancy.

answer; randomization;