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Gelneren [198K]
3 years ago
8

Promises Made in Consideration of Marriage. After twenty-nine years of marriage, Robert and Mary Lou Tuttle were divorced. They

admitted in court that before they were married, they had signed a prenuptial agreement. They both acknowledged that the agreement had stated that each would keep his or her own property and anything derived from that property. Robert came into the marriage owning farmland, while Mary Lou owned no real estate. During the marriage, ten different parcels of land, totaling about six hundred acres, were acquired, and two corporations, Tuttle Grain, Inc., and Tuttle Farms, Inc., were formed. A copy of the prenuptial agreement could not be found.
Required:
Can the court enforce the agreement without a writing? Why or why not?
Business
1 answer:
andrey2020 [161]3 years ago
3 0

Answer:

Explanation:

From the question, we are informed about Promises Made in Consideration of Marriage. And After twenty-nine years of marriage, Robert and Mary Lou Tuttle were divorced. They admitted in court that before they were married, they had signed a prenuptial agreement.

In this case with the rest information from the question, that A copy of the prenuptial agreement could not be found, then the court cannot enforce the agreement without a writing Prenuptial agreements.

Reason behind this is that a Prenuptial agreements can only be enforced if it is writing.Prenuptial agreements is usually signed before two people marry each other, so in case of death or divorce in the future, the ownership of their asset would have been defined.

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2 years ago
When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in:.
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When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.

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Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.

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J&amp;J Enterprises wants to issue eighty 20-year, $1,000 zero-coupon bonds. If each bond is to yield 8%, how much will J&amp;J
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to calculate how much J&J Enterprises will receive, we need to determine the present value of one bond:

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