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If Property Is Owned as Community Property, Each of Two

question 56

True/False

If property is owned as community property, each of two spouses owns an undivided one-half interest in it.​


Definitions:

Wheat

A cereal grain that is a staple food in many parts of the world, used to make products like flour, bread, and pasta.

Cattle

Large domesticated bovines that are raised for their meat (beef), milk, or as draft animals.

Opportunity Cost

Losing out on potential advantages from multiple alternatives by committing to one.

Crude Oil

A naturally formed, crude oil substance made up of hydrocarbon accumulations and various organic compounds.

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