Property Acquired by Either One of the Spouses During a Marriage

question 34

True/False

Property acquired by either one of the spouses during a marriage is considered community property.

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Definitions:

U.S. Dollars

The official currency of the United States, symbolized as $.

U.S. Company

A corporation or business entity that is registered and operates within the United States.

Japanese Yen

Japanese Yen (JPY) is the official currency of Japan, symbolized by ¥ or as JPY in foreign exchange markets.

Merchandise Valued

The total worth of goods held by a company for sale, often assessed at the end of an accounting period.