Author Question: The term community property as applied in estate planning is property that A) belongs to the ... (Read 284 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
The term community property as applied in estate planning is property that
 
  A)
 
  belongs to the government and therefore cannot be bequeathed by private individuals.
  B)
 
  was acquired by the joint efforts of husband and wife and in which each equally shares in the ownership.
  C)
 
  is equally shared by parents and children within the family unit.
  D)
 
  is jointly owned by the extended family including grandparents and grandchildren.

Question 2

In the years immediately following the Great Recession of 2007 - 2009, consumer confidence generally increased.
 
  Indicate whether the statement is true or false



frejo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library