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notsponge [240]
4 years ago
11

In a community property state, John marries Patricia. Prior to the marriage John owned an SUV. During the marriage, John bought

a Buick, John and Patricia bought a second property with money earned from Patricia's job, and each individual received a motorcycle from Patricia's uncle as a gift. What property is community property in this marriage?
Business
1 answer:
vazorg [7]4 years ago
5 0

Answer:

The Buick and the second property.

Explanation:

The community property law states that income earned by either of spouse during the marriage or all the property purchased with those income during the marriage are equally owned by both husband and wife. These income and property are considered as community property.

Community property law distinguishes real and personal property into categories of separate and community property. Separate property belongs to one spouse; community property belongs to both spouses equally. Separate property is that property which is acquired prior to the marriage, by gift or inheritance.

Similarly, during the marriage debt is also equally shared by the spouse.

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All of the following are true of the real interest rate except it Is equal to the nominal interest rate minus the anticipated ra
Lynna [10]

Answer:

Equals the foreign exchange rate minus the inflation rate.

Explanation:

Nominal rate of interest refers to the interest rate which does not account for rate of inflation.

It is expressed as

Nominal interest rate = Real interest rate + rate of inflation

Real interest rate is considered to be a better measure since it is adjusted for rate of inflation.

Foreign exchange rate refers to exchange rate between two currencies which is based upon inflation and interest rates prevailing in the respective countries.

5 0
3 years ago
Most consumer protection statutes praise and protect unconscionable contracts and contracts of adhesion.
Mariana [72]

The statement " Most consumer protection statutes praise and protect unconscionable contracts and contracts of adhesion" is true.

<h3>What consumer protection?</h3>

Consumer protection can be defined as the way of protecting consumer or buyers against trade practice that is unjust.

Hence, the statement is correct because consumer protection help to praise and as well safeguard unconscionable contracts and contracts of adhesion.

Learn more about Consumer protection here:brainly.com/question/14952903

#SPJ1

4 0
2 years ago
Imagine that the U.S. economy has an initial unemployment rate equal to the natural rate of unemployment. Identify each event as
PilotLPTM [1.2K]

Explanation:

Let’s explore one by one as proposed:

An oil cartel raises oil prices: all prices in the oil-related products will increase making it more expensive for companies to be able to afford employees. As the US economy is heavily based on oil import and consumption, the unemployment rate (let´s call it UR from now on) would increase. Countries that export more than import could benefit from this scenario.

The U.S. dollar gains value against foreign currencies: It would be more expensive to produce goods in the US as its currency becomes stronger. Hence companies could choose to produce overseas, increasing the UR. One of the factors that attract investments is a cheap currency, meaning that a company could operate there at lower costs than anywhere else.

American consumers expect higher income in the future: As fights about average salary would arise between employees and companies, igniting even sindicalization, its proper to think that the same as above could occur; companies could choose to produce overseas in countries less demanding of labor rights and income, such as China provinces (I would recommend for you to watch American Factory, a awarded Netflix documentary about that subject).

Brazil experiences economic growth and increases its demand for U.S. exports: as I said in the first alternative, a country that has increased or more expensive exports could benefit from that creating more jobs, in this case decreasing the UR. If Brazil demands more US products, more has to be produced by the country, which would mean more people employed in this attractive sector.

U.S. real estate values rise: to be honest, it only affects indirectly. As housing becomes more expensive, people have to work more to be able to afford housing. That would mean they seeking better-paying jobs or in the absence of those being homeless of at least unable to buy a home. We could argue that the UR would decrease because it becomes more expensive to afford housing and hence people would migrate more but that’s a long shot rationale.  

5 0
3 years ago
Read 2 more answers
The federal funds rate target is the most frequently used monetary policy tool.
Nikitich [7]
False is correct answer.

Because the federal funds rate target is not the most frequently used their monetary policy tool.

Hope it helped you.

-Charlie
5 0
4 years ago
Carla Vista Pharmaceuticals entered into a licensing agreement with Zenith Lab for a new drug under development. Carla Vista wil
frez [133]

Answer:

Depends on the valuation method, it can be either:

A) $7,605,000

B) $8,450,000

Explanation:

A) If Carla Vista uses the "expected value method", then the transaction price of this arrangement should = $8,450,000 x 90% = $7,605,000

B) If Carla Vista uses the "most likely method", then the transaction price of this arrangement should = $8,450,000

7 0
3 years ago
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