Which of the Following Statements About the Federal Defense of Marriage

question 91

Multiple Choice

Which of the following statements about the federal Defense of Marriage Act (DOMA) is true?

• A)Married same-sex couples have the same rights as married male-female couples,regardless of state laws.
• B)Married same-sex couples have the same rights as married male-female couples only in the states where their marriages took place.
• C)Married same-sex couples have no right to pass property from one to the other upon death without paying federal estate tax.
• D)Married same-sex couples have the right to pass property from one to the other upon death without paying federal estate tax.

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Definitions:

Par Value

The face value of a bond or the stock value stated in the corporate charter, often used in legal documents.

Effective Annual Yield

Effective annual yield is the return on an investment expressed as an annualized rate, accounting for compounding over a period, providing a more accurate measure of profitability.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments and the capital gain or loss due to the difference between the purchase price and the maturity value.