No-Fault Laws Were Generally Viewed as Creating More Equality Between

question 29

Multiple Choice

No-fault laws were generally viewed as creating more equality between spouse in a divorce,but all of the following inequalities still remained EXCEPT

• A) women still made less money
• B) women were generally given custody of children
• C) mothers generally made more money than fathers
• D) fathers were not given custody of children

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Definitions:

EPS

Earnings Per Share, a company's profit divided by the number of its common shares outstanding, indicating the company's profitability.

EBIT-EPS Line

A graphical representation showing the impact of financial leverage on a company's earnings per share at various levels of earnings before interest and taxes.

Financial Leverage

The use of borrowed funds to increase the potential return on investment, often measured by the ratio of a company's debt to its equity.

Financial Risk

The possibility of losing money on an investment or business venture; includes market risk, credit risk, liquidity risk, and operational risk, among others.