Match the Most Appropriate Term to the Definition

question 22

Multiple Choice

Match the most appropriate term to the definition.
-Theory that the parent who most serves the needs of the children should have custody

• A)annulment
• B)antenuptial agreement
• C)common law
• D)cohabitate
• E)joint custody
• F)tender years doctrine
• G)visitation
• H)permanent injunction
• I)legal separation
• J)no fault
• K)maintenance
• L)custody
• M)marital property
• N)property settlement agreement
• O)best interest
• P)preliminary injunction
• Q)child support
• R)dissolution of marriage
• S)capacity
• T)temporary restraining order

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Definitions:

Capital Asset

An asset of any kind owned for investment or personal purposes, not usually sold in the course of business.

Household Furnishings

Items and accessories used for decorating and living in a home, such as furniture, rugs, and appliances.

Business Inventory

Items that are held for sale in the ordinary course of business, representing a current asset on a company's balance sheet.

Section 1231 Property

Business property that combines features of capital assets and depreciable property, potentially offering favorable tax treatment on gains.