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Tanzania [10]
3 years ago
6

Property rights created from marriage have a clear implication for real estate transactions. Which of the following marital prop

erty rights gives a spouse a one-half claim on all property acquired "from the fruits of the marriage"?A. DowerB. CurtesyC. Elective shareD. Community property
Business
1 answer:
NeX [460]3 years ago
7 0

Option D

Community property marital property rights gives a spouse a one-half claim on all property acquired "from the fruits of the marriage"

Explanation:

Community property is a kind of shared possession of assets among married twosomes. Property obtained by either spouse while marriage is deemed community property, referring to both companions of the marriage.

The laws in community property states differ in their more precise details, but community property indicates that all assets acquired or obtained by a couple when their marriage is maintained fairly by both of them. When a couple separates in a community property state, each spouse is frequently empowered to a half part of their community property.

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A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1
inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

CPI in 1990 1.30

CPI in 2000 is 1.69

Average nominal wage is 2000 is $35

Inflation rate is given as

Inflation rate = % Change in CPI

                    = (1.69 / 1.3) - 1

                    = 1.3 - 1 = 0.3 = 30%

Real wage = Nominal wage / Price level,  hence

Percentage change in real wage = % Change in (nominal wage - inflation rate)

-2% = % Change in nominal wage - 30%

% Change in nominal wage = 28%

let nominal wage in 1990 is w

W\times 1.28% = $35

solving for W = $27.34

8 0
3 years ago
"Assume that Stephanie accumulates savings of $ 2 million by the time she retires. If she invests this savings at 12​%, how much
Lyrx [107]

Answer:

Explanation:

This is an annuity question. Use present value of annuity formula to solve this;

You can use a financial calculator to solve it. I'm using "Texas instrument BA II plus" calculator

<em>(Note: if using the same calculator as above ,enter the numbers first, then each respective function )</em>

N ; duration on investment = 20

I/Y; interest rate per year = 12%

PV; Present value = -2,000,000

FV; Future value = 0 (in annuities, use 0 if not given)

then CPT PMT = 267,757.56

Therefore, Stephanie will be able to withdraw $267,757.56

7 0
3 years ago
UCaShoTLLOuuj9D4vqFtTpSQ<br><br> search
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2 years ago
Balance sheet. Use the data from the following financial statements in the popup​ window. Complete the balance sheet. Hint: Find
Lana71 [14]

Answer:

57

Explanation:

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5 0
3 years ago
Let's say you want to open a shoe store that will specialize in high-end shoes. But before you do, you want to determine how man
sveta [45]

Answer:

$240,000

Explanation:

Selling price per pair of shoes $160 x 12,000 ...1,920,000

Cost (to you) per pair of shoes $80 x 12,000 .... $960,000

Sales commission per pair  $10 x 12,000..........    $120,000

Salaries ..........................................................................$420,000

Rent................................................................................ $120,000,

Advertising..................................................................... $20,000,

Insurance .........................................................................$16,000,

Miscellaneous fixed costs ........................................<u>..$24,000,</u>

Profit ..............................................................................<u>$240,000</u>

6 0
3 years ago
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