Which of the Following Statements Is Correct About the Economic

question 22

Multiple Choice

Which of the following statements is correct about the economic impact of divorce on women?

• A)After divorce,they are unlikely to have significant decreases in income.
• B)Many women have shorter and non-continuous work histories that impact future jobs and income.
• C)Women usually have custody of the children after divorce and pay for the associated costs.
• D)The earning capacity of women is roughly equivalent to that of men after a divorce.

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Definitions:

Bargain Purchase Option

An option in a lease agreement that allows the lessee to purchase the leased asset at a price significantly lower than its expected fair market value at the end of the lease term.

Executory Costs

Expenses related to ongoing maintenance and administration of a lease that are neither fixed nor included in the lease payments.

Annual Payments

Yearly amounts paid or received over the term of a financial instrument or agreement.

Lessor

The party in a lease agreement who owns the leased asset and grants the lessee the right to use the asset for a specified term in exchange for payment.