Since it is 1 of 2 means one key is enough to move funds. There are no point to have a 1 of x wallet.
You can move funds without knowing both public keys and with only one private key (seed)?
When I create a multi sig wallet with Electrum, it's showing the following warning:
"Warning: to be able to restore a multisig wallet, you should include the master public key for each cosigner in all of your backups."
This suggest you cannot send funds with ONLY one private key (seed). Am I reading this wrong?
To restore the wallet you need one key and both public key but to move funds you do not need more than one key.