One of the Most Damaging Consequences of the No-Fault Divorce

question 19

Multiple Choice

One of the most damaging consequences of the no-fault divorce laws is that they

• A) have tripled the divorce rate.
• B) keep people from trying to settle their differences.
• C) are unavailable in most states.
• D) systematically impoverish women and their children.

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Definitions:

Loan to Value Ratio

A financial term employed by lenders that denotes the ratio between a loan amount and the value of an asset acquired.

Down Payment

An initial payment made when something is bought on credit.

Compounded Quarterly

A method of calculating interest where it is added to the principal amount every three months.

Amortized

The process of paying off a debt through regular payments over a period of time, where each payment covers both interest and a portion of the principal amount.