Perform the Indicated Operation and Reduce the Answer to Lowest $\frac { 1 } { 2 } + \frac { 3 } { 8 }$

question 53

Multiple Choice

Perform the indicated operation and reduce the answer to lowest terms.
- $\frac { 1 } { 2 } + \frac { 3 } { 8 }$

• A) \(\frac { 2 } { 5 }\)
• B) \(\frac { 15 } { 16 }\)
• C) \(\frac { 1 } { 2 }\)
• D) \(\frac { 7 } { 8 }\)

---

Definitions:

Debtor In Bankruptcy

An individual or entity that has declared bankruptcy, initiating a legal process to address and discharge debts under protection from creditors.

Doctrine Of Marshaling

A principle that ensures fair treatment of multiple creditors by prioritizing their claims on a debtor's assets.

Partnership Assets

Assets or property owned by a partnership, which are used in the operation of the business and subject to distribution upon dissolution.

Bankruptcy

A legal status of a person or entity that cannot repay the debts it owes to creditors, often leading to a legal process intended to resolve the outstanding debts.