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azamat
3 years ago
11

A and B are married and own property as tenants by the entirety. The property is worth $500,000. A incurs a debt of $100,000 and

can’t repay the debt. Can the creditor go after A’s share of the property to collect the debt? If so, why? If not, why not?
Business
1 answer:
stealth61 [152]3 years ago
4 0

Answer: People who have the status of a creditor in front of only one of the spouses cannot access the property that the 2 possess while they both live there.

As in this case the creditor is only creditor of "A", he cannot only pursue the part of "A" therefore he cannot obtain the execution of the property.

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KATRIN_1 [288]

Right click the last data point and select "Set as Total"

<h3>What is accumulated total?</h3>

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Right click the last data point and select "Set as Total".

To learn more about accumulated total refer to:

brainly.com/question/13131255

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5 0
2 years ago
A firm's WACC can be correctly used to discount the expected cash flows of a new project when that project will: Multiple Choice
Serggg [28]

Answer:

...when that project will have the same level of risk as the firm's current operations

Explanation:

Weighted average cost of capital (WACC) is the company's cost of capital based on its proportion of equity and debt used in its capital structure. It can be used as the discount rate for calculating the present value of future expected cashflows of a project if the project is determined to be of similar risk to the company's operations; meaning that the estimated beta of the project is the same as the beta of the firm.

5 0
3 years ago
According to the Investment Company Act of 1940, the definition of "investment company" could include which of the following
kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

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  • Pooled investments in metals are not an investment company but considered as the commodity pool.
  • Insurance companies are also not investment companies.

7 0
3 years ago
The scenario in which students sleep in their bedrooms from 2:00
mash [69]
That’s a busy day lol. The person slept from 2-9am slept for 7hours. The 3:30-4 slept for 30minutes.
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3 years ago
what are the eight areas of wellness and how can they can they be incooprated into someones daily life
zimovet [89]

Answer:

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Explanation:

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