Fact Pattern 20-1 Mary's Home Is in a State That Has a $30,000

question 36

Multiple Choice

Fact Pattern 20-1
Mary's home is in a state that has a $30,000 homestead exemption.Mary de-faults on a $60,000 debt that she owes to Nina.Mary's home is sold at auc-tion for $80,000.
-Refer to Fact Pattern 20-1.Other property Mary may own that may be ex-empt from satisfaction of judgment debts includes

• A)any property that Mary wishes to exempt.
• B)investments that Mary has made in her family's businesses.
• C)recreational vehicles that Mary uses on weekends.
• D)tools that Mary uses in her trade.

---

Definitions:

European-American

A term used to refer to Americans who have origins in any of the original peoples of Europe.

African-American

A term referring to individuals in the United States who have ancestry traced back to Africa, especially to those whose ancestors were forcibly brought to America to be enslaved.

Medications

Substances used in the diagnosis, treatment, or prevention of disease and for relieving pain or improving health.

Treatment of ADHD

A range of medical and therapeutic methods used to help manage symptoms of Attention Deficit Hyperactivity Disorder, including medication, counseling, and lifestyle changes.